![]() Campuses surround and connect you with audacious creative people who confront you to innovation at the grassroots level. In fact, university years are an entrepreneurial sweet spot: a combination of minimum risk, lots of free time, and open mindedness. University students have the potential to become awesome entrepreneurs. When you look at all the biggest tech companies in the world, Facebook, Google, Snapchat, Dropbox, Yahoo, and Dell, just to name few, they were all founded by students on a university campus. Why focusing only on student-run start-ups? “Students that invest REAL money in student startups… WHAT? HOW? WHY?” Usually, for student-run VCs, their LP is another VC firm, for example, RDV’s LP is General Catalyst. Like “real” (or “growing-ups”) VCs, student-run VCs have LPs to report to and need to assure a return on investment (ROI) for them. The concept of that type of VC is pretty straight forward, students that invest real money solely in student-run start-ups. What is a student-run venture capital fund?Ī student-run VC fund is like a “real” VC fund (like General Catalyst, First Round Ventures or like Sequoia Capital) but directed only by students. “A STUDENT-RUN VC FUND? Student? VC fund? What is that?”īefore I go deeper in that, you’ll need to understand some basic concepts to understand the rest of this post (assuming you have some basic pieces of knowledge of what is a VC). RDV is one of the two most successful student-run venture capital fund in the USA. ![]() Yes, Rough Draft Ventures!!! I told you at the beginning I was excited to see someone from General Catalyst because of my VC Founder experience, this is the reason why. It’s because of Rough Draft Ventures (RDV), one of their initiative to find the best startups. But the reason I’m talking about that VC fund today is not that they have amazing portfolio companies. Their investment thesis is focused on early stage startups, and they invested in a bunch of cool startups like Snapchat, Stripe, and Airbnb, just to name a few. Initially based in the Boston area, they opened offices in New York, San Francisco, and Palo Alto. ![]() General Catalyst is an American venture capital firm which was founded in 2000. Let me explain.įirst, you’ll need to understand: What & who is General Catalyst? However, as the Co-Founder of Front Row Ventures, the first student-run Venture capital fund in Canada, when I saw that one of the General Catalyst’s director was coming to our class, I couldn’t help myself thinking more about VC than technology.įor those who are not familiar with what General Catalyst is doing, I understand you’re probably lost right now. Last week, Steve Herrod, Ex-CTO at VMware and Managing Director at General Catalyst, came to our class to talk about cyber security and big data.Ĭyber security applied to big data is one of the hottest topics in modern technology right now, and as a software engineer, I need to be aware of these concerns. Tags: Front Row Ventures, General Catalyst, Investments, Rough Draft Ventures, Startups, Student, tech, VC, Venture Capital ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |