Dixon says that the agency isn’t in search of fairness, however actually desires to offer a option to train some finest practices within the rising area of crypto forex. “We’re going to run a startup college for crypto-specific startups and what we’ve realized during the last 7 years as finest practices on this class,” Dixon instructed TechCrunch’s Josh Constine on stage right this moment.
The corporate doesn’t intend to cost any cash, nor will it take any fairness within the corporations that take part. In Dixon’s phrases, they’re doing this to push the class ahead and assist crypto startups get going. He hopes that based mostly on the nice will of providing this training free of charge, that startups who take part might find yourself having a dialog with a16z about probably getting an funding, however he made clear that this positively was not a requirement.
Final 12 months, the agency made its dedication to crypto clear when it established a crypto fund run by Dixon and Katie Haun. Dixon instructed TechCrunch on the time of that announcement that his agency had already invested in 20 crypto corporations over the earlier 5 years, together with Ripple and Coinbase manner again in 2013, previous to establishing a fund dedicated to crypto.
The corporate has arrange a page on the corporate web site for corporations fascinated by signing up for the crypto startup college.