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A16Z pauses its famed TxO Fund for underserved founders, lays off staff
- bediger4000 1y agoI did not find this article informative. Did TxO not bring in the amount of rewards to justify the risk and expense? Is A16Z only going to back traditional, albeit hard-working, white, upper-crust startups with Stanford, MIT and Berkeley grads at the helm? Are there not many people with good ideas in traditionally under served populations? This article left me wondering. I suppose that's the nature of unbiased, factual reporting - you only get the verifiable, boots on the ground information.