The Dorm Room Fund (DRF), a student-run venture fund that invests in student-run startups, will be expanding its concept to Boston this fall. The VC fund already operates in Philadelphia, New York, and San Francisco.
For a startup to be eligible for DRF funds, it must have at least one current student or recent graduate on its investment team. Of the 32 students (spread out over three investment teams), there are 7 MBAs from top schools, including Wharton and Columbia Business School.
See Businessweek’s article, “VC Fund ‘for Students, by Students’ Expands to Boston,” for more details.