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<span id="docs-internal-guid-198f9028-de14-0153-9143-ffbfe260f63e"><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Dorm Room Fund (DRF) is an organization which consists a five-year-old venture capital firm that invests in student founded companies. The firm, backed by First Round Capital, invests in companies where at least one founding member is a student, undergraduate or graduate. DRF’s investment teams consist of a small committee committees of students on campuses in the New York, Boston, Philadelphia, and the Bay Area, Boston and Philadelphia campuses. Each of these groups has available five hundred thousand dollars which they can investment team is given $500,000 to invest in student venture ideas -run startups in order to bring their ideas from the “dorm to the market.”</span></span> == The Program == <span id="docs-internal-guid-198f9028-de14-368a-bdbe-675fcea3cefa"><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Once accepted into the program, founders are given access to all of the resources at DRF. On top of providing $20,000 of capital, DRF investment partners meet regularly with founders to help them learn fundraising, launch strategy, growth, and hiring. In addition, DRF connects founders to a vibrant community of talented entrepreneurs, world-class advisors, investors, industry leaders, and mentors to help them solve their key problems. &nbsp;</span></span> === <span style="font-size:large;"><span style="font-family:arial,helvetica,sans-serif;">'''Stats'''</span></span> ===<ul style="margin-top:0pt;margin-bottom:0pt;"><li><span style="color:#000000;"><span id="docs-internal-guid-198f9028-de1d-beb9-fa6f-43e9b5f372d7"><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;"><span style="font-size: 11pt; background-color: transparent;"dorm >DRF has invested in 150 startups that have gone on to raise over $300 million in additional funding from Andreessen Horowitz, First Round Capital, Union Square Ventures, Sequoia Capital and more. Here are a few of those startups:</span></span></span></span></li></ul> [[File:Partners.png|border|center|Partners.png]]<ul style="margin-top:0pt;margin-bottom:0pt;"><li><span style="color:#000000;"><span><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">DRF represented the largest community in Y Combinator's Spring 2017 batch with 8 startups.</span></span></span></li><li><span style="color:#000000;"><span id="docs-internal-guid-198f9028-de1d-beb9-fa6f-43e9b5f372d7"><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Over $1 billion in value has been created by DRF companies. With multiple portfolio companies raising rounds of over $10 million within the last 6 months alone, students are rapidly building some of the most promising companies in the marketcountry.</span></span></span></li><li><span style="color:#000000;"><span id="docs-internal-guid-198f9028-de1d-beb9-fa6f-43e9b5f372d7"><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Student founders come from schools all across North America:</span></span></span></li></ul> [[File:Schools.png|border|center|Schools. png]] === <span style="font-size:large;">'''How to Apply&nbsp;'''</span> === <span id="docs-internal-guid-198f9028-de1a-5059-00c2-0c8aeafcff54"><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Student venture capitalists founders can fill out submit an application on to the DRF website &nbsp;and with the option to include a video pitch can be attacheddeck. The website stresses the importance of two main components in a proposalan application. The first thing they partners look for is a plan strategy for how the company plans to grow in either capital or users quickly and effectively. The second thing the investors they look for is where the ideas are coming from and if they . DRF partners want to have faith in the success of the people they are investing in. From there Based off of these criteria, the student investors investment partners decide where the best place to invest their money would be and make investments of about twenty thousand to allow the company to start up in exchange for whether or not a stake in the companiesstartup should join DRF's program.</span></span> == Contact'''&nbsp;''' == [https://dormroomfund.com/ <span id="docs-internal-guid-198f9028-ddfc-152c-bbf9-e2ef1ed5c871"><span style="font-size: 11pt; font-family: Arial; color: rgb(45, 86, 136); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Website</span><span style="text-decoration-line: underline; font-size: 11pt; font-family: Arial; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;"></span></span>] [https://www.facebook.com/DormRoomFund <span id="docs-internal-guid-198f9028-ddfc-152c-bbf9-e2ef1ed5c871"><span style="font-size: 11pt; font-family: Arial; color: rgb(45, 86, 136); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Facebook</span><span style="text-decoration-line: underline; font-size: 11pt; font-family: Arial; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;"></span></span>] [https://twitter.com/DormRoomFund <span id="docs-internal-guid-198f9028-ddfc-152c-bbf9-e2ef1ed5c871"><span style="font-size: 11pt; font-family: Arial; color: rgb(45, 86, 136); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Twitter</span></span>] [https://medium.com/@dormroomfund <span style="background-color: transparent; font-size: 11pt; font-family: Arial; color: rgb(45, 86, 136); font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Medium Blog</span>]<div>Last Edited by: [http://universityinnovation.org/wiki/Cheyanne_Wheat Cheyanne Wheat], [http://universityinnovation.org/wiki/Liyang_Feng Liyang Feng], [http://universityinnovation.org/wiki/Joshua_Lim Joshua Lim]</div> [[Category:Organizations]]