By Maroon & White |
House calls for haircuts proved to be a cut above the competition and too good an investment to pass up for Saint Mary’s University’s Venture Grade Fund. The fund invested $15,000 in Cribcut, an online booking service that connects consumers with top hair stylists that bring the salon to them. The fund is a student-raised and run venture capital fund, and the first of its kind in Canada. Should the company experience a successful exit, investors like Venture Grade will receive a payout scaled to the purchase.