From TechCrunch – Written by Natasha Mascarenhas:
Andreessen Horowitz announced today in a blog post that it is launching a fund designed to invest in underrepresented and underserved founders.
The Talent x Opportunity (TxO) fund, which a16z says was in the works for six months, starts with $2.2 million in donations from the firm’s partners. TxO will be invested in a small group of seed-stage startups the first year and expand in size going forward.
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