Crypto Startup School: relaunched and expanded
We’re thrilled to announce that we are relaunching Crypto Startup School and expanding it into a full accelerator program.
We launched Crypto Startup School in February 2020 with the goal of helping builders get started on new web3 projects. Over seven weeks, we coached teams on the fundamentals of building a web3 startup from the ground up, including the underlying infrastructure, applications & business strategy, operational best practices, and more.
The 40 founders in that cohort went on to build some of the industry’s leading companies, including Phantom, Flashbots, Goldfinch, Notional Finance, Teller, Afriex, and FanCraze. They have raised over $300M in venture funding and built products that users love. The lecture series from the program has been viewed over 1M times by people interested in building web3 projects.
The industry has grown rapidly since then, even by technology standards, and yet the tools necessary to build an enduring web3 product are still poorly defined and distributed. This is particularly true for new founders entering the space from other fields who are compelled by the promise of web3 – a more open internet – but aren’t sure how to navigate the terrain. We’ve seen accelerator programs provide this type of launchpad successfully in other tech categories for many years. However, none are tailored to the specific needs of web3 founders, who require a novel set of tools and resources as they scale.
That’s what we’ll provide with Crypto Startup School.
With the newly relaunched cohort, in addition to the educational and mentorship components, participants will now receive $500k in seed funding to build their company. The program will begin on March 6, 2023 and last for 12 weeks, with teams participating in-person in Los Angeles, CA.
Applications are now open until November 30, 2022. You can apply here.
In addition to funding, participants will once again receive hands-on mentorship from successful founders as they navigate the early startup maze. Participants will also work with domain experts on the topics that matter most, including protocol design, go-to-market, legal & regulatory, and more. And finally, participants will have the opportunity to build their product alongside a select group of fellow founders, as well as the broader a16z network, providing a built-in community to help their product take off.
The program will culminate with a Demo Day for teams to present and gain greater visibility among the broader web3 community. As with the previous cohort, all of the content will be publicly available for anyone to watch following the program.
Stay tuned for more information, including the full list of participating Advisors & Founders.
The views expressed here are those of the individual AH Capital Management, L.L.C. (“a16z”) personnel quoted and are not the views of a16z or its affiliates. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by a16z. While taken from sources believed to be reliable, a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. In addition, this content may include third-party advertisements; a16z has not reviewed such advertisements and does not endorse any advertising content contained therein.
This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by a16z. (An offering to invest in an a16z fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Andreessen Horowitz (excluding investments for which the issuer has not provided permission for a16z to disclose publicly as well as unannounced investments in publicly traded digital assets) is available at https://a16z.com/investments/.
Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see https://a16z.com/disclosures for additional important information.