Difference between revisions of "Organization:Dorm Room Fund"
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<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 leader, and mentors to help them solve their key problems. </span></span> | <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 leader, and mentors to help them solve their key problems. </span></span> | ||
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<span style="font-size:large;"><span style="font-family:arial,helvetica,sans-serif;">'''Stats'''</span></span> | <span style="font-size:large;"><span style="font-family:arial,helvetica,sans-serif;">'''Stats'''</span></span> | ||
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| − | <li><span style="font-size: | + | <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;">DRF has invested in 150 startups that have gone on to raise over $300M in additional funding from Andreessen Horowitz, First Round Capital, Union Square Ventures, Sequoia Capital and more.</span></span></span> |
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| − | <li> | + | <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;"><span style="font-size: 11pt; background-color: transparent;"></span>DRF represented the largest community in Y Combinator, with 8 startups in the recent Spring 2017 batch.</span></span> |
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| + | <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 $1B in value has been created by Dorm Room Fund companies. With multiple portfolio companies raising rounds of $10M+ within the last 6 months alone, students are rapidly building some of the most promising companies in the country.</span></span> | ||
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| + | <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 founder come from across the country.</span></span> | ||
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<span style="font-size:large;">'''How to Apply '''</span> | <span style="font-size:large;">'''How to Apply '''</span> | ||
Revision as of 03:30, 10 January 2018
Overview
Dorm Room Fund (DRF) is a five year old venture capital firm that invests in student founded companies. The firm, back 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.”
The Program
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 leader, and mentors to help them solve their key problems.
Stats
- DRF has invested in 150 startups that have gone on to raise over $300M in additional funding from Andreessen Horowitz, First Round Capital, Union Square Ventures, Sequoia Capital and more.
- DRF represented the largest community in Y Combinator, with 8 startups in the recent Spring 2017 batch.
- Over $1B in value has been created by Dorm Room Fund companies. With multiple portfolio companies raising rounds of $10M+ within the last 6 months alone, students are rapidly building some of the most promising companies in the country.
- Student founder come from across the country.
How to Apply
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.
