With technology and culture being at the forefront of America as the most enduring and important exports, this new initiative by Andreessen Horowitz is building an ecosystem for scaling technology companies.
According to an overview on their website, their Talent x Opportunity (TxO) Initiative has a goal to help emerging cultural geniuses by providing them access to a new system of training, mentorship, and funding that will help entrepreneurs build successful, durable companies around their cultural innovations.
This initiative has four components: The TxO Fund, a Donor Advised Fund managed by Tides Foundation; The TxO University, a 10-month mentorship and online training program specifically designed for culture drive startups; The TxO Partners, a select group of corporations that will contribute services, products, and expertise to TxO companies; and lastly The TxO Community, a collection of mentors, donors, and eventually alumni who will support TxO founders.
According to the company’s website, all returns generated by the holdings will go directly back into the fund with a vision of continuing to support many generations of founders. Contributors to the fund will also not receive any return of appreciation or capital on the fund’s investments.
Meet the first seven companies in the TxO program who have been named, Cohort Alpha:
For more information, click here.
