Fourteen years ago, a venture capital firm created a program for college students to invest in their peers, called Dorm Room Fund. Some dismissed the effort as risky and a little bit crazy. After all, could you really trust students to make good investments?
Now the fund’s network has its tentacles all over the artificial intelligence boom.
Dorm Room Fund’s alumni have gone on to establish major A.I. companies like the coding start-up Cursor and the defense tech company Shield AI. Others have become investors at top firms including Sequoia Capital, Andreessen Horowitz and Lightspeed Venture Partners. They share deals, advice and industry banter.
