ChainCatcher report: a16z-affiliated project Speedrun has launched the Alpha Fellowship, with applications due by October 11. The program targets highly technical students, dropouts, and recent graduates, supporting builders at the earliest stage. Based in San Francisco, it is operated by the Speedrun team in partnership with EO Ventures. The Founder track offers up to $250,000 in investment, over $1 million in partner credits (including AWS, GCP, Azure, OpenAI, Anthropic, Cursor, and more), an automatic final interview at Speedrun (up to $1 million in investment), office hours, co-working space, and an 8-week in-person experience (January 11 to March 5). The Talent track provides a 4-week in-person experience (February 8 to March 5), featuring introductions to portfolio companies, 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. Investment terms are $150,000 for 5% SAFE plus a $100,000 follow-on investment within 18 months. The program is open exclusively to software engineers with full-time work authorization in the U.S.; students may apply but must commit to full-time participation.
a16z Speedrun Launches Alpha Fellowship Offering Up to $250,000 in Support
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Summary
The a16z-related project Speedrun has launched the Alpha Fellowship, a program offering up to $250,000 in funding to highly technical students and recent graduates. Applications close on October 11. The Founder Track includes over $1 million in partner credits, co-working space, and interviews valued at up to $1 million. The Talent Track lasts four weeks and features mentorship from a16z co-founder Marc Andreessen and others. Terms include a $150,000 SAFE for 5% plus a $100,000 follow-on investment. The program supports builders at critical stages, with a focus on altcoins to watch in the broader crypto market.
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