π₯ New Investment Announcement !π₯
+ Alumni Isabelle and Karthik reflect on the DRF family (tissues needed)
π‘ community updates π‘
Boston investment partner Alex Marley recently led DRFβs investment in Spiky.ai,Β which makes online meetings more effective.Β
DRF portfolio company Vest Finance raises $12 million in Series A funding.
DRF Alums Isabelle Zhou and Karthik Menta reflect on the DRF family:
An unforgettable weekend with the best people I know. The @DormRoomFund family has broadened my worldview in life-changing ways & Iβm so so grateful π@DormRoomFund is a special place. It is a collection of bright humans that so freely support each others and their big ideas. When I was applying, all I knew is that I wanted to be around people having interesting conversations. I didn't know I would leave with a family.An unforgettable weekend with the best people I know. The @DormRoomFund family has broadened my worldview in life-changing ways & Iβm so so grateful π https://t.co/rjTVAwTDENIsabelle Zhou @isabelle_zhouHQ is recruiting! Interested in venture capital? Looking to explore a non-investing role while supporting the strongest community of student founders across the nation? Apply for the DRF HQ Team! Apps close April 14
π¨ Head of Design
Deeply insightful about how to build a strong visual identity, with a strong understanding of the foundations of design.
Always building, prolifically creative, and a near-obsessive problem solver with a sense of humor.
Analytical, and obsessed with figuring out the early stage growth problem by breaking down every stage of the funnel.
π Editor-in-Chief
Expert on all types of content: newsletters, podcasts, even memes. Looking to exercise your creative juices with a DRF flair?
π» Product Manager
Impeccable product sense with great people skills. Obsessed about creating the best user experiences possible.
π± tech news
Crunchbaseβs Joanna Glasner breaks down VC and PE investment totals from the first quarter (see chart below)
A recent report by the International Monetary Fund suggests that crypto is more widely used in corrupt countries and those with harsher controls concerning capital. The findings add to the argument for a stronger regulatory measures for the $2 trillion market, and come at a time when existing frameworks vary greatly from one nation to the next.
Twitterβs shares closed up 27$ Monday morning after Elon Musk took a 9.2% passive stake in the social media platform. Musk now owns 73,486,938 shares at an estimated worth of $2.89 billion. Questions linger about whether Musk will aim to buyout the company or take a bigger role in coming days. βThis is just the starter,β comments Dan Ives of Wedbush Securities. The mega-purchase came just two weeks after Musk castigated the company on Twitter, fittingly: βGiven that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,β Musk commented. βWhat should be done?β
Amazon will file a number of βsubstantialβ objections in court in response to a New York City warehousesβ landmark vote to unionize.
π¨ new startup + VC jobs π¨
π = international/oversees position
π¨βπ©βπ§βπ¦ = DRF portfolio company
full-time
RemNote π¨βπ©βπ§βπ¦
Paradigm Portfolio - Software Engineer
Mundi Ventures - Analyst/Associate π (BARCELONA)
Greycroft - Financial Operations Analyst
OpenStore - Strategic Finance & Planning Associate
internships
Listen - Brand Marketing Intern
Sway Ventures - VC Intern
Snowflake - Startup Program Intern
Smartly.io - Product Marketing Intern
Check - Product Intern
Techstars - Communications Intern
Newchip Accelerator - VC Intern
Akuna Capital - Venture Fellow
Impossible Foods - Brand Marketing Intern
π« more opportunities
Harvard College China Forum Pitch Competition
π great reads
Alex Wilhelm of TechCrunch examines the slow-down in late-stage venture capital
John Koblin reflects on the massive merger of WarnerMedia and Discovery in this piece for The New York Times
Our DRF company, Aktiv Learning, brings the active learning tools in 1:1 instruction into lecture-style college courses
Alex Marley reflects in a second piece on how he got into DRF and dabbled in investing
π meme π
Written by content associate William Lloyd (William.lloyd@dormroomfund.com) and head of content Anne Wen (annewen@dormroomfund.com). More fun:Β TwitterΒ +Β websiteΒ +Β company app. Send jokes, criticisms, and hot takes to info@dormroomfund.com. π