The Deal

We have a standard deal for companies accepted to a16z speedrun:

• Up to $1M in funding. We invest $500K for 10% upfront in a SAFE and another $500K in your next round within 18 months, so you start your fundraise from a position of strength
• $5M+ from partners. Speedrun companies receive cloud, AI, and software credits worth >$5M, as well as priority access to model providers, app stores, and social platforms. Our credits are often enough to fully defray the cost of building an MVP
• We fund right away. We accept startups on a rolling basis, wire immediately upon close, and start working together right away
• Long-term partnership. We view this as a long-term partnership so we ask for a right to invest in subsequent financing rounds (a “pro rata” right). In many cases, we’ve invested millions of additional dollars to support our companies later on
• Take care of employees. We ask companies to set aside an option pool for new employees given our focus on helping founders recruit. We can help set up your pool as well as company incorporation as needed
• No board seat. We believe founders should control their boards at this stage