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a16z pauses its famed TxO Fund for underserved founders, lays off staff

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Nov 4, 2025
Andreessen Horowitz is pausing its Talent x Opportunity fund, igniting discussions around the future of diversity initiatives in tech. The program, aimed at assisting underserved founders, provided extensive training and investments but faced criticism for its structure. Recent shifts in political sentiment have led to widespread retrenchments in DEI efforts within the industry. Additionally, staff layoffs coincide with the program's hiatus, raising questions about ongoing support for marginalized communities in the tech landscape.
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INSIGHT

a16z Pauses TNO Program

  • Andreessen Horowitz paused its Talent x Opportunity (TNO) program that supported underserved founders despite earlier commitments.
  • The move reflects broader tech pullback from diversity initiatives amid political and legal pressure.
ANECDOTE

Program Structure And Alumni

  • TNO ran a 16-week training program and provided $175,000 investments via a donor-advised fund managed by Tides Foundation.
  • The program supported 60+ companies including Brown Girl Magazine, Miles Comfort Foods, and Villy.
INSIGHT

Nonprofit Fund Structure

  • TNO operated more like a nonprofit donor program than a traditional VC fund, with investors classified as donors.
  • That structure drew criticism but still delivered valuable access and resources to participants.
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