Mm-hmm.

Like, we kinda do that.

Um, and then it's, like, tactical, right? So then the tactical side is, you know, we have proprietary curriculum.

We have, um, you know, for our fund one, wh- which was in, we raised in 2021 when we spun out as an independent fund, you know, when you're raising fund one, it's really, like, people who really believe in you, right? Um, and so we were really lucky to have some incredible GPs as LPs in our first fund.

And so those folks continue to stay really involved and, like, t- share their knowledge with the DRF crew.

And it's, it's totally a two-way street because they love meeting the DRFers, the DRFers send them stuff.

So, like, but basically you're learning venture from the best in the business, right? And you're getting a ton of reps, and we have, and we, we force them to, you know, there are requirements around how many, like, pitch calls and, and founder meetings you have to shadow before you're allowed to do it on your own.

[laughs]

Mm-hmm.

And at a time when, you know, things were getting a bit more sophisticated on campus.

So we spun out of First Round Capital, raised our own fund in 2021 with First Round as LPs, um, and have had a huge run since [laughs] then.

We were lucky enough to not only continue to invest in founders that are building on university campuses, so we're talking about college, MBA, PhD, but also the alumni of the Dorm Room Fund community, because as you guys can imagine, those, you know, 12, 15 students that are on the team for two years while they're in school, when they go out to build or invest, they become absolute superstars.

La- last question for now, what does the 50 million mean? How, how do you, how do you think about, like, allocating it across different, uh, different students, not, you know, on the, on the investment team, but then also, uh, founders, things like that?

that?Yeah, definitely.

So we, um, our check sizes is, you know, usually sub-million for the first time around.

Um, we're probably gonna end up investing in, I'd guess, probably like 75 or 80 companies over the next, you know, i- in the sort of three-year period.