Stanford students form venture club to invest in classmates’ startups

A group of students at Stanford Graduate School of Business have launched an investment club with $1.5 million to pour into startups launched by their classmates. Not that Stanford students with a bankable idea should have a problem raising funds. A recent ranking of money raised by new MBA school alumni startups by Poets & Quants showed that 34 Stanford GSB grads from the classes of 2015 to 2019 had collectively raised about $1.4 billion in funding, far more than any other school. And the school's…