For Students, By Students: First Round Capital Dorm Room Fund in Philly
1–10 of 19 posts
Re: For Students, By Students: First Round Capital Dorm Room Fund in Philly
#2"the University of Pennsylvania is quickly becoming the Stanford of the East"
Seems reasonable.
Re: For Students, By Students: First Round Capital Dorm Room Fund in Philly
#3"the University of Pennsylvania is quickly becoming the Stanford of the East" Seems reasonable.
I hope that one day Penn will be the university which will be compared to.
Re: For Students, By Students: First Round Capital Dorm Room Fund in Philly
#4To be a VC doesn't one need to be an accredited investor? Or does that only apply when using one's own assets to invest? In this case, it appears these student investors would probably not meet accredited investor criteria, but it may not matter since it's not their money they're investing in the first place.
Re: For Students, By Students: First Round Capital Dorm Room Fund in Philly
#5As a Penn entrepreneur I couldn't be more excited for this. They opened up a completely new office on our campus and in addition to the fund are offering student entrepreneurs free office space. The way this has happened has honestly been a dream come true. It sure beats getting kicked out of coffee shops every few hours or trying to work in the library.
If I had to guess, I'd say that at least a few of my friends who dropped out to go to the Valley or NY would probably still be at Penn if this had happened a few years ago.
Re: For Students, By Students: First Round Capital Dorm Room Fund in Philly
#6To be a VC doesn't one need to be an accredited investor? Or does that only apply when using one's own assets to invest? In this case, it appears these student investors would probably not meet accredited investor criteria, but it may not matter since it's not their money they're investing in the first place.
I think that's to be an angel investor but I could be wrong. Plus I think there's new legislation that makes anyone able to invest in startups, which is why Funders Club works.
Re: For Students, By Students: First Round Capital Dorm Room Fund in Philly
#7Hope to see this expand to other campuses.
Re: For Students, By Students: First Round Capital Dorm Room Fund in Philly
#8Re: For Students, By Students: First Round Capital Dorm Room Fund in Philly
#9In the sense of "entrepreneurial" spirit, perhaps. But in technical academics? Far from it. That crown is still held by Berkeley/Stanford/MIT/CMU. Entrepreneurship pretty much means essential technical abilities to succeed at a startup. If I want to hire marketing/recruiters/managers, sure, Penn makes the cut.