The COVID-19 pandemic set back the world, but amid the craziness, Dorm Room Fund continues its mission of investing in the most promising startups. At the core of our investment thesis lies the team — the DRF family — that gets us to conviction. …

Alissa Del Toro in front of the London Business School Sussex building getting her first day of school photo taken during orientation week. Courtesy of Julia Hamilton.

Alissa Del Toro studies at London Business School as an MBA 2023 candidate and graduated from Cornell University with a biomedical engineering degree. During the pandemic, she met the startup founders of Karis Digital and joined the founding team in Berlin at a health tech incubator Vision Health Pioneers to…

LUKH team Alisha Daga, Purvi Vyas, Katie Andrew, and Karen Desai (seated). Courtesy of LUKH.

Karen Desai launched LUKH, an Indian wedding rental service, after dealing with the frustrations of finding outfits for her own wedding. In this interview, which has been edited for clarity, she explains how Rent the Runway inspired her idea and how she and her team conducted early user research.

How did you decide to create a rental service for Indian weddings?


Kimiloluwa Fafowora at the Stanford Graduate School of Business in August 2020. Courtesy of Kimiloluwa Fafowora.

Kimiloluwa Fafowora, an MBA student at Stanford University, heads the San Francisco investment team as a Managing Partner. After dozens of pitches and coffee chats, she’s distilled her top lessons to founders into the Q&A below, which has been edited lightly for clarity.

What do you look for in early stage student companies?

Pre-seed investing is all about the founder…

Co-founders of Snackpass: Jamie Marshall (left) and Kevin Tan (right). Courtesy of Snackpass.

Snackpass, which received an early investment from Dorm Room Fund, gobbled up $70 million at a $400 million valuation. The delivery company has reached over 500,000 users and raised $92 million. The social takeout app enables users to order ahead, get discounts, and connect with friends while driving repeated business…

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