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Banking on Student Startups
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Business New Haven
1/10/2000
By: BNH
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Members of a Yale University society have formed a venture group to fund student startups at the university.
Incorporated last year, Dagim Capital, LLC (pronounced dah-GEEM) is a fund which grew out of the membership in Chai, a Jewish society on the Yale campus. A for-profit venture with no legal connection to the club, Dagim is banking on hopes its initial capital and ability to "match the wealth of New York with the wealth of student talent in New Haven," according to published reports, will produce profitable results. The $10 million fund expects to begin construction on an incubator in New Haven this summer.
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