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a16z pauses its famed TxO Fund for underserved founders, lays off staff
TechCrunch Startup News
5 minutes
5 days ago
a16z pauses its famed TxO Fund for underserved founders, lays off staff
Andreessen Horowitz is pausing its Talent x Opportunity (TxO) fund and program, according to multiple sources. Several people who spoke to TechCrunch pointed out that its hiatus comes as top names in tech eliminate, cut, reframe, or completely walk back on prior public commitments related to diversity, equity, and inclusion. The Trump administration has threatened legal and political ramifications for businesses supporting anything that could be seen as DEI.
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TechCrunch Startup News
Listen to select TechCrunch articles on startups coverage—who's raising, who's exiting, who's changing the world.
