🎙New Office Hours podcast episode

📢 Our team sits down with Floodgate Investor and Chief of Staff Isabelle Zhou

DRF fam! Spring has sprung. This week, we’ve got updates from our community and alumni, as well as some great opportunities and positions.

⚡️ community updates

• A new Office Hours podcast is out! In this episode, the DRF team (Daniel Abdoul-Hassan and Andrew Xu) sits down with Isabelle Zhou, Chief of Staff and Investor at Floodgate

• Interested in Quantum Computing & the Metaverse? Check out these events by NVDIA?

  1. Omniverse and Metaverse - March 22 at 1 p.m.PT

  2. Quantum Computing - March 22 at 2 p.m. PT

• Huge congrats to Dana, Ethan, and Highlight on their $8.2M raise. Highlight is on a mission to modernize in-home product testing and is now back by First Round Capital.

• Mike Annunziata (NYC 2017) has joined Caffeinated Capital Collective, a pre-seed/seed-stage operator fund investing in companies building the categories of the future. The collective is a group of a dozen CEOs, Founders, and Senior Execs at top-tier startups across the globe. They invest $500k across sectors, primarily looking to invest in people that they think can build the next generation of great public tech companies.

🖥 tech news

• The FED has raised interest rates for the first time since 2018. Federal Reserve Chair Jerome Powell announced that the federal funds rate will increase to a range of 0.25 to 0.50 percent, marking a quarter of a point increase. More raises are expected.

• Amazon closed its $8.5 billion acquisition of American media company MGM. Over 17,000 TV shows and 4,000 films will be added to Prime Video, Amazon’s streaming service, now that the deal has closed (including classics like Fargo and Silence of the Lambs and popular series like James Bond and Rocky).

• “At your door in minutes” delivery startup Getir is now worth almost $12 billion after raising an additional $768 million in Series E funding. Mubdala Investment Company leads the round. Tiger Global, Sequoia Capital, Abu Dhabi Growth Fund (ADG), and Alpha Wave Global are also participating.

🚨 new startup + VC jobs 🚨

🌎 = international/oversees position

full-time

• World Bank - Investment Analyst

• Primary Venture Partners: Associate

• M12 - Microsoft’s Venture Fund: Investment Analyst

• Darling Ventures: Chief of Staff

• AtoB: Product Manager

• Coinbase: Writer Research Associate (Ventures)

• Wearloom: Founding Software Engineer + Content Marketer + Director of Growth

internships

• Mercury: Fullstack Engineering Intern

• Andreessen Horowitz: Summer Intern, Cultural Leadership Fund

• Calm/Storm Ventures: Visiting Investment Analyst

• AXA Venture Partners: Internship - Venture Capital Analyst 🌎 (PARIS)

📫 more opportunities

• DRF Writer’s Room - DRF alums and current partners, join our latest writing sprint and submit a piece by April 4. Check out #writers-room on Slack for more details.

• EarlyBird - Investment Fellow 🌎 (BERLIN)

• Atento Capital - Pitch Competition

• Detroit Venture Partners - Fellowship

• 776 Foundation - Fellowship

📚 cool reads

• How Wearloom simplifies secondhand shopping

• Three tailwinds accelerating global fintech

• Storytelling tips for founders

• Wired’s Will Knight explains how US sanctions will crimp Russia’s tech sector

• Craig S. Smith reflects on the “no-code” revolution in The New York Times

😂 meme 😂

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Written by content associate William Lloyd (William.lloyd@dormroomfund.com). More fun: Twitter + website + company app. Send jokes, criticisms, and hot takes to info@dormroomfund.com. 🚀