[[File:DormRoomFundLogoDRF.jpgpng|nonethumb|DormRoomFundLogo.jpgcenter]]
== Overview<br/> ==
<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 a five -year -old venture capital firm that invests in student founded companies. The firm, back 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 small committees of students on campuses in the New York, Boston, Philadelphia, and the Bay Area. Each investment team is given $500,000 to invest in student -run startups in order to bring their ideas from the “dorm to the market.”</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 leaderleaders, and mentors to help them solve their key problems. </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="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>
</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 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>
[[File:Schools.png|border|center|Schools.png]]
=== <span style="font-size:large;">'''How to Apply '''</span> ===
<span id="docs-internal-guid-198f9028-de1a-5059-00c2-0c8aeafcff54"><span style="font-size:large11pt; font-family: Arial; color: rgb(0, 0, 0); font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">'''How Student founders can submit an application to the DRF website with the option to include a pitch deck. The website stresses the importance of two main components in an application. The first thing partners look for is a strategy for how the company plans to grow either capital or users quickly and effectively. The second thing they look for is where the ideas are coming from. DRF partners want to Apply ''have faith in the success of the people they are investing in. Based off of these criteria, the investment partners decide whether or not a startup should join DRF's program.</span></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 founders can submit an application on the DRF website with the option to include a pitch deck. The website stresses the importance of two main components in an application. The first thing the partners look for is a plan for how the company plans to grow in either capital or users quickly and effectively. The second thing the they look for is where the ideas are coming from and if they have faith in the success of the people they are investing in. Based off these criterias the investment partners decides rather or not a company is worth investing in.</span></span>
<div><br/></div>
== Contact''' ''' ==
[https://dormroomfund.com/ <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</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://www.facebooktwitter.com/DormRoomFund <span id="docs-internal-guid-198f9028-ddfc-152c-bbf9-e2ef1ed5c871"><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;">Facebook</span><span style="text-decoration-line: underline; font-size: 11pt; font-family: Arial; color: rgb(1745, 8586, 204136); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Twitter</span></span>]
[https://twittermedium.com/DormRoomFund @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;">TwitterMedium 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]</spandiv>]
[https://medium.com/@dormroomfund <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 Blog</span>]<div>Last Edited by: [http://universityinnovation.org/wiki/Cheyanne_Wheat Cheyanne Wheat], Liyang Feng, Joshua Lim</div>[[Category:ResourcesOrganizations]]