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Organization:Dorm Room Fund

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<span style="font-size:small;">Which start-up ventures the <span data-scaytid="12" data-scayt_word="DRF">Dorm Room Fund</span>&nbsp;invests in is entirely '''decided upon by the student investors,'''&nbsp;meaning the investors can truly relate to what other students are trying to accomplish and the problems a student start-up may encounter. By using this approach to start up investment, it gives the <span data-scaytid="13" data-scayt_word="DRF">DRF</span> a very unique perspective compared to traditional investment teams. &nbsp;&nbsp;</span>
== '''Financing''' ==
<span style="font-size:small;">DRF invests on a founder-friendly uncapped convertible note. This means that the student investment group loans money to a startup, but instead of receiving the invested money back after a certain time period, the note converts into stock.&nbsp;However, if the startup is successful without raising additional capital or pursuing equity financing, the note may not convert and the startup can choose to simply repay the note plus a very nominal (around 2%) interest rate. The Dorm Room Fund operates as transparently as possible so that every aspect of their terms and conditions are clearly understood.&nbsp;Knowing the risk in investing in student start-ups, the DRF fully understands that a '''failed company is not the same as a failed entrepreneur'''. As long as all persons involved learned from the failure, the student investment group views the money invested in the student start-up as tuition paid toward an entrepreneurial education. The Dorm Room Fund takes a loss and the founders '''DO NOT need to repay the money'''&nbsp;under any circumstances.</span>
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== '''The&nbsp;Support System'''<br/> ==
<span style="font-size:small;">The most incredible thing about this program by far is the knowledge and experience that the RA ([http://dormroomfund.com/about#advisors DRF Advisors]) support system gives to the student entrepreneurs.&nbsp;The 60 RA's have a combined 450 years of entrepreneurial experience and together have produced $2.7 Billion in exit revenue. This network gives students accepted into the program a huge advantage from the advice and recourses they receive.&nbsp;</span>
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