'University-level' investing the rage with venture capital firms

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San Francisco-based First Round Capital says its “Dorm Room Fund” — a student-run venture fund that invests in student founders — now has 24 student investors, who’ve funded 24 ventures at eight universities.

What might be even more significant, PandoDaily’s Erin Griffith reports, is the number of venture firms that have built similar programs, including General Catalyst’s Rough Draft Ventures and The Experiment Fund (backed by Accel Partners, NEA and Polaris Venture Partners). Source: pandodaily.com