a16z speedrun Launches Alpha Fellowship with Up to $250,000 in Support
a16z's related project speedrun has launched the Alpha Fellowship, with applications due by October 11. The program is aimed at tech students, dropouts, and recent graduates, supporting early builders. It takes place in San Francisco and is a collaboration between the speedrun team and EO Ventures. Founders in the track can receive up to $250,000 in investment, over $1 million in partner credits (including AWS, GCP, Azure, OpenAI, Anthropic, Cursor, etc.), automatic final interviews with speedrun (with up to $1 million investment), office hours, co-working space, and an 8-week in-person experience (from January 11 to March 5). The talent track offers a 4-week in-person experience (from February 8 to March 5), including portfolio company introductions, office hours, fireside chats, and co-working space. Speakers and mentors include a16z co-founder Marc Andreessen, Substack founder Chris Best, a16z general partner Andrew Chen, and EO Ventures founding general partner Roland Fryer, among others. The investment terms are $150,000 for 5% SAFE plus a follow-on investment of $100,000 within 18 months. This program is limited to software engineers who must have U.S. work authorization; students may apply but must commit to full-time participation.
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