Recommendation engines constitute a key component of many online platforms. One of the most challenging problems facing a recommender system is that of cold start, namely the recommendation of items from the catalogue to a new unknown user, or the recommendation of newly injected content to existing users. It is established that incorporating metadata describing the item or the user leads to better cold-start performance. Multiple independent findings point to the value of pre-processing the metadata to generate a new set of coordinates to aid the underlying recommendation algorithm; one of such pre-processing techniques, stereotyped features, has been shown to improve standard recommendation algorithms. Deep learning and complex neural networks have also been widely utilized in recent years in recommender systems, but their application and performance benchmarking in cold start scenarios is still a matter of ongoing research. This article reports on the application of deep learning neural networks to the stereotype driven framework for addressing cold start in recommender systems. We discuss the performance using a range of metrics, covering accuracy, and value content of ranked lists but also serendipity and fairness of recommendations, with the latter becoming an important metric and risk factor for the online platform offering the recommendations. Our findings indicate that a multi-layer neural network substantially improves cold start accuracy performance metrics, despite the recommendations displaying worse fairness and serendipity traits. The work discusses which metrics and scenarios still benefit from stereotyping features for the class of more sophisticated deep learning recommender systems.INDEX TERMS Cold start, deep learning, fairness of ranked lists, neural networks, new item problem, new user problem, recommender systems, recommender systems evaluation, serendipity of ranked lists, stereotypes.