Harvard University partners with venture capitalists to attract and retain Harvard startups with launch of the $10m Experiment Fund.

Harvard University has launched The Experiment Fund, a $10m venture fund for Harvard startups in the Boston area, in a bid to retain the next Bill Gates or Mark Zuckerberg.

The university partnered with New Enterprise Associates, Accel Ventures, and Polaris Ventures to create the fund, which Harvard itself will not have a stake in.

Patrick Chung, a venture capitalist with New Enterprise Associates and cofounder of the Experiment Fund, said: “The Facebook effect on campus is that kids with…

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