Jawed Karim, cofounder of YouTube, has started an early-stage investment group called Youniversity Ventures. While I would not normally cover this story here, it definitely merits my attention. You see, Karim is an alum of the University of Illinois at Urbana-Champaign and has decided that this investment group should focus on mentoring, advising, networking, and investing in consumer internet companies started by students and other alums from Stanford and the U of I. According to this story over at The Industry Standard, they plan to invest between $50,000 and $300,000 in companies that they find personally interesting. More investment dollars for University technologies is a good thing.