Skillbridge, a freelance marketplace founded by recent Wharton MBA graduates, is the latest investment that First Round Capital‘s student-run Dorm Room Fund has announced. The Dorm Room Fund invests $20,000 in each of its portfolio companies.
Skillbridge aims to connect highly-skilled freelancers (think: financial, strategy and marketing consultants) with work opportunities. The six-person team is currently participating in Summer @ Highland, a Cambridge, Mass.-based accelerator, and plans to be based “between Philly and New York City,” said cofounder Brett Lewis.
It’ll be interesting to see where Skillbridge eventually settles since, as we’ve noted in the past, we’ve seen Dorm Room Fund portfolio companies that have been announced publicly then leave Philadelphia post-graduation.
Inevitably the Dorm Room Fund is an investment vehicle, so the departures don’t break any bond there, but the trend could suggest that it takes more than investment to prevent brain drain.
Read more about Skillbridge on TechCrunch.
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