Stanford Launches On-Campus Venture Fund

TECH CRUNCH--Countless startups, such as Sun, Yahoo and Google (as well as newcomers like Meebo) were started at Stanford, or by Stanford graduates. Now Stanford wants to help its students by providing seed funding directly, and in the process will get a little equity in those new ideas, too.

Stanford Student Enterprises, a Stanford student association with several hundred employees and $13 million in assets, has launched an early stage venture fund called SSE Ventures to invest directly in student founded startups.