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🚨 hiring future founders 🚨 we're building self-improving software — ai that automatically generates and tests new experiences to lift revenue. we just doubled revenue. now we're doubling the team. a bit about us: - raised $6m from yc, gradient, leaders from openai - serve millions of users for...

32,462 views • 8 days ago •via X (Twitter)

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🚨 a16z a16z speedrun 🧊 applications are now open! we invest up to $1M in new start-ups building at the frontier - but that's just the start. beyond the investment, founders join a legendary community, work with our world-class operating team, and tap into the a16z network. details below: 1) the founder community - starting a new company is an emotional rollercoaster - being able to talk to founders on a similar journey can make it a bit less lonely - Speedrun is a tight-knit community of founders who support one another closely - providing advice, design partners, talent referrals, even investing in one another’s startups - during the program, we open up the a16z offices in SF and LA to founders as coworking space. dozens of founders work alongside each other before establishing their own offices - we have an alumni community >600 strong that come together every quarter through reunions and events at Tech Week 2) the a16z operating team - our operating team is a team of experts at the top of their field who provide specialized programs and hands-on support to founders. a few examples of how we help Speedrun founders: a) recruiting support to assemble and scale your team - direct intros to top talent in AI research, ML, full stack engineering, etc b) people support on US immigration and comp guidance for new hires / advisors c) GTM support on finding design partners and over $5M in credits on cloud, AI, and software spend d) marketing programs to build your brand and craft the perfect launch video to showcase your product e) capital networks support to refine your pitch deck and connect you to hundreds of prospective investors at demo day - many founders consider our operating team to be an extension of their own team in impact and how closely they work together 3) the a16z network - a16z as a firm has massive breadth and scale - we invest in and have networks across AI, bio/health, consumer, crypto, enterprise, fintech, games, infrastructure, american dynamism, and more - our network provides our founders an unfair advantage - it’s a rolodex they can tap into for intros to potential customers, employees, partners, and investors - providing a sense of power and reach you dont usually build until you're much farther along we know the best founders have many choices. if you’re setting out to build a generational company - we're confident you'll get unparalleled operating support, networks, & community from a16z Speedrun - all from day 0 if this sounds exciting, check out the link below!

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Keith Rabois: “I tell founders not to worry about runway. Worry about lift.” “If you think about lift in a plane context, a company is only valuable if you achieve lift. Runway is a tactic for achieving lift, and you may need to extend the runway so that you have more time to get lift. But unless you’re actually achieving lift with that extra time, it doesn’t help you.” Keith continues: “I hate when a founder is like, ‘I want to raise this much money because it gives me two years runway.’… That is a stupid way to think about your fundraising.” Instead, founders should ask themselves what they need to achieve to achieve lift, and then work backwards from that. When Keith invests at Khosla Ventures and Founders Fund, they write internal memos about the three key risks to the company. Usually you can’t achieve all three in one financing, so founders should be asking themselves, What’s the most important inflection? And then structure their financing to achieve that. Keith advises founders that it’s ok to let their runway go very low if they feel like they’re approaching lift: “A lot of founders get very bad advice like ‘Oh, you need to have this much runway or you won’t be able to raise money from strength.’ That’s nonsense. If you have traction - if you hit a viral coefficient of 1 with three months of runway - almost every VC on the planet knows how to invest in that company, and it will not be a problem.” Video source: Khosla Ventures (2024)

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getting up to $1M in funding via a16z speedrun 🧊 is actually the easiest part of the journey of... As you start to build your product, you'll need to build your team... and I have some bad news: recruiting is hard. Most experienced founders will tell you that they spent at least half their time in the early days trying to woo early missionaries to join their cause. Your options at the earliest stages aren't great: - Agencies are expensive + have perverse incentives - You could do all the recruiting... but it's often too time-intensive to do effectively - Hiring an internal recruiter doesn't make sense yet... - Job postings... welcome to the nightmare of AI-generated apps! I want to give you a better option. Our goal as the a16z speedrun talent team: lend you our brand and hiring prowess. Not just hollow words and advice... because advice is cheap, and execution is invaluable. Our team of internal recruiters spends every single day cultivating relationships with world-class talent from the most heavily in-demand functional backgrounds (AI, ML, Full Stack Eng, Design Eng, Designers, etc), and then we curate and share that talent with founders across the portfolio. We're on track this year to directly place ~100 hires into speedrun portfolio companies. No fee. No perverse incentives. Just a purely aligned desire with the founders to get them exactly what they are searching for. One day there will be a solo-founder unicorn, and all this hiring drudgery might go away. Until then, you're going to have to build your team - and you'll want to use all the help you can get. ... so if you're raising, and thinking of building a team... you should apply to speedrun so you can have the best talent team in your corner.

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