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A16Z Speedrun announced the fifth edition of opening apps for the future event, SR005, signature event. The 12-week startup speed program plans to invest $ 1 million in Los Angeles, on July 28, to each company selected to participate in A16Z. The event will be held on the Demo Day on October 7 during the SF Week. Applications for the program were closed on May 11.
Speedrun participants usually include those in AI and interactive places and may include tools, experiments, games and entertainment to projects. According to A16Z, the applicants will provide less than 1%, but A16Z, but the team’s individual opinion and other industrial mentors, advisers and graduates of the program will win a network of advisors and graduates. The company has been placed in the beginning of $ 100 million since 2023.
Josh Lu, which is the main place in A16Z, is designed for founders inappropriate only to trends. The union of ambitious builders who accelerate their success. “
A16Z informed about the previous Kohort of SR004, who demonstrated 42 companies from more than 6,000 applicants. 69% of the selected, was a very vertical, including a very vertical, including trade, development and story. Cohort, Canada, Israel, Turkey, London, including London and Sweden, including the founders of more than one country.