Fund III will invest in Berkeley-affiliated AI startups — whether founded by alumni, faculty, Ph.D. candidates, postdoctoral and grad students, recent graduates, undergraduates or dropouts.
“We can write a check as small as $100,000 in a recently graduated founder or dropout and are fine being the only investor, for example.”
“And there’s been a longstanding ask from most alumni for more accessible community engagement and frictionless ways to unlock from Berkeley as an alum.
As a big public school, Berkeley historically hasn’t had the resources to meet this demand.
So we took matters into our own hands in service to our community … We exist to meet the needs of entrepreneurs, curating comprehensive resources for Berkeley AI founders and creating the connected environment startups need to thrive.”
Startups who receive backing from The House Fund get access to tech from the VC firm’s partners, mentorship from The House Fund’s LPs and advisors, access to talent from the Berkeley campus and alumni base and introductions to potential customers with Berkeley relationships.
The original article contains 472 words, the summary contains 170 words. Saved 64%. I’m a bot and I’m open source!
This is the best summary I could come up with:
Fund III will invest in Berkeley-affiliated AI startups — whether founded by alumni, faculty, Ph.D. candidates, postdoctoral and grad students, recent graduates, undergraduates or dropouts.
“We can write a check as small as $100,000 in a recently graduated founder or dropout and are fine being the only investor, for example.”
“And there’s been a longstanding ask from most alumni for more accessible community engagement and frictionless ways to unlock from Berkeley as an alum.
As a big public school, Berkeley historically hasn’t had the resources to meet this demand.
So we took matters into our own hands in service to our community … We exist to meet the needs of entrepreneurs, curating comprehensive resources for Berkeley AI founders and creating the connected environment startups need to thrive.”
Startups who receive backing from The House Fund get access to tech from the VC firm’s partners, mentorship from The House Fund’s LPs and advisors, access to talent from the Berkeley campus and alumni base and introductions to potential customers with Berkeley relationships.
The original article contains 472 words, the summary contains 170 words. Saved 64%. I’m a bot and I’m open source!