Changes

[[File:DormRoomFundLogoDRF.jpgpng|nonethumb|DormRoomFundLogo.jpgcenter]]

== Overview<br/> ==

<span id="docs-internal-guid-198f9028-de14-0153-9143-ffbfe260f63e"><span style="font-size:small11pt; 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 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 an organization which consists 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 “dorm to the market". Student venture capitalists can fill out an application on the website &nbsp;and a video pitch can be attached. The website stresses the importance of two main components in a proposal. The first thing they look for is a plan for how the company plans to grow in either capital or users quickly and effectively. The second thing the investors look for is where the ideas are coming from and if they have faith in the success of the people they are investing in. From there the student investors 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 a stake in the companies.”</span></span>

== The Program<br/> ==

<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> ===

<li><span style="font-sizecolor:small#000000;"><span id="docs-internal-guid-198f9028-ddfade1d-55a1beb9-b33bfa6f-93d5fafdc88c"><span style=43e9b5f372d7"font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">DRF invested in 150 startups that have gone on to raise $300M+ in follow on funding from Andreessen Horowitz, First Round Capital, Union Square Ventures, Sequoia Capital and more.</span></span></span></li><li><span style="font-size:small11pt;"><span id="docs-internal-guid-198f9028-ddfa-55a1-b33b-93d5fafdc88c"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">We’ve delivered the best-in-class entrepreneurship and VC education to our student partners and helped them build successful startups, launch venture funds, and land careers at Sequoia Capital, KPCB, the White House, Dropbox, Google, and more.</span></span></span></li><li><span style="font-size:small;"><span id="docs-internal-guid-198f9028-ddfa-55a1-b33b-93d5fafdc88c"><span style="background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">We represented the largest community in Y Combinator, with 8 startups in the recent S17 batch</span></span></span></li><li><span style="font-size:small11pt;"><span id="docs-internal-guid-198f9028-ddfa-55a1-b33b-93d5fafdc88c"><span style="background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">We’re building VCWiz, a product DRF has invested in 150 startups that have gone on to help first-time founders fundraise. With the help of Product Hunt, we’ve generated interest raise over $300 million in additional funding from hundreds of founders and investors.</span></span></span></li><li><span style="font-size:small;"><span id="docs-internal-guid-198f9028-ddfa-55a1-b33b-93d5fafdc88c"><span style="background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Partners consist of team of </span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">undergraduatesAndreessen Horowitz, MBA studentsFirst Round Capital, PhD candidatesUnion Square Ventures, Sequoia Capital and master’s students who more. Here are engineers, entrepreneurs, and innovators across the nation.a few of those startups:</span></span></span></li><li><span style="font-size:small;"><span id="docs-internal-guid-198f9028-ddfa-55a1-b33b-93d5fafdc88c"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">4 teams — Bay Area, Boston, NYC and Philly — with 36 total partners.</span></span></span></li>

[[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:large11pt; 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'''Curriculum&nbsps 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 country.</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>

<span style="font-size[[File:large;">'''How to Apply&nbsp;'''</span>Schools.png|border|center|Schools.png]]

== Information<br/> Contact'''&nbsp;''' ==

[https://dormroomfund.com/ <span id="docs-internal-guid-198f9028-ddfc-152c-bbf9-e2ef1ed5c871"><span style="font-size:large11pt; 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;">'''Social Media&nbspWebsite</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(045, 086, 0136); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Website: 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;">[https://dormroomfund.com/ https://dormroomfund.com/]</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(045, 086, 0136); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Facebook: Twitter</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;">[https://www.facebook.com/DormRoomFund https://www.facebook.com/DormRoomFund]</span></span>

[https://medium.com/@dormroomfund <span idstyle="docsbackground-internal-guid-198f9028-ddfc-152c-bbf9-e2ef1ed5c871"><span style="color: transparent; font-size: 11pt; font-family: Arial; color: rgb(045, 086, 0136); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Twitter:Medium Blog</span>]</spandiv>Last Edited by: [httpshttp://twitteruniversityinnovation.comorg/wiki/DormRoomFund <span style="font-sizeCheyanne_Wheat Cheyanne Wheat], [http: 11pt; font-family: Arial; color: rgb(17//universityinnovation.org/wiki/Liyang_Feng Liyang Feng], 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">https[http://twitteruniversityinnovation.comorg/wiki/DormRoomFundJoshua_Lim Joshua Lim]</spandiv>]

<span style="background-color: transparent; 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;">Medium: </span>[https://medium.com/@dormroomfund <span style="font-size: 11pt; font-family: Arial; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">https://medium.com/@dormroomfund</span>]<div><br/></div>[[Category:ResourcesOrganizations]]