You know something’s up when companies are pitching to join a venture capitalist’s portfolio, no investment required.
That’s a surprising trend that Peter Boyce noticed at Roughdraft.vc, the student-run venture capital program supported by General Catalyst Partners in Boston. Roughdraft has invested up to $25,000 in 10 Boston companies since its launch in December last year.
To read the original article: As venture capital becomes a commodity, it’s all about community | PandoDaily