First Round Capital has expanded its Dorm Room Fund to the Silicon Valley and San Francisco Bay area. The fund will have $500,000 in capital and a 10-student investment team, according to a tweet from Josh Kopelman, First Round partner and founder. It invests in student-run startups. The news was reported by TechCrunch. The firm’s Dorm Room Fund initiative kicked off in September 2012 in Philadelphia and since expanded to New York.
Here is a link to a Silicon Valley fund. Here is a link to the original blog post. Here is a link to the TechCrunch story.
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