More and more investors are trolling the halls of the nation’s top universities, looking for the next Mark Zuckerberg, Steve Jobs or Bill Gates. Venture capital firms, incubators and angel investment groups are all competing to find these young men and women, spurred by the combination of ever younger entrepreneurs, ever cheaper-to-start companies and Internet technology that is changing so fast that even investors over 30 may not fully grasp it.
Foundation Capital has joined this hunt, but the Menlo Park, Calif.-based venture firm put a twist on it: The firm is using business school students to do the hunting, figuring that they’re more likely than Foundation’s older partners to spot good ideas among their peers. The students in turn are learning how to think like venture capitalists, which means the quality of the companies they find should go up over time.
To read the full, original article click on this link: Foundation Capital Tapping Its Own ‘Social Network’ To Find Start-Ups - Venture Capital Dispatch - WSJ
