The MBA Fund

The MBA Fund invests as a venture capital firm, backing founders who are students, alumni or dropouts of Harvard Business School, Stanford's Graduate School of Business, or Wharton at the University of Pennsylvania. It describes itself as a community of investors and operators willing to back founders at the earliest stages, with backers that include venture firms, repeat founders and angel investors connected to the communities where it invests. The fund has made more than 150 early-stage investments through its first two funds, and portfolio companies have gone on to raise follow-on funding from firms such as Sequoia, Founders Fund, Accel, Bessemer and Lightspeed. It also runs an invite-only syndicate on AngelList, through which it brings later-stage deals to investors on a deal-by-deal basis.