Dorm Room Fund, a venture capital operation that launched to invest in student-led startups, has raised a new $10.4 million fund, per SEC filings. The filing marks Dorm Room Fund’s largest fund to date, and its first that appears to include investors beyond First Round Capital, the firm that first launched the student-focused operation in 2012.
A feature on Monk’s Hill Ventures’ new Scouts Program in Southeast Asia.
Sequoia Capital has funneled millions of dollars to scores of well-connected entrepreneurs and academics, who invest and look for ideas.
Because many of the world's most successful tech companies were conceived by college students, recent graduates or dropouts, VCs and their limited partners have long tried to find a way to tap into that youthful creativity as early as possible.
It started as First Round Capital’s experiment. After all, founder Josh Kopelman had started his first company, Infonautics, while he was a student at the University of Pennsylvania. Partner Hayley Barna had started Birchbox while still at Harvard Business School.
VC review platform Landscape thinks it's come up with the scout programme to rule them all: a "scout-as-a-service" marketplace.
Founders are extraordinarily busy, even for their own investors. A decade ago, they might have had relationships with a handful of VC partners as they scaled their businesses and raised additional rounds of capital.
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