Protocol Labs has partnered with a16z crypto to provide targeted support to visionary founders participating in the 2023 Crypto Startup School. The partnership aims to equip web3 startups with the knowledge, network, and capital required for success, offering privileged engineering support, decentralized storage credits, talent assistance, and access to the PL Founders Community.
Protocol Labs Partners with a16z Crypto to Support Visionary Founders in 2023 Crypto Startup School
Protocol Labs has partnered with a16z crypto to provide targeted support to visionary founders participating in the 2023 Crypto Startup School (CSS) accelerator program. The program, designed for web3 startups, selected 26 teams from over 8,000 applicants to receive mentorship, lectures, and access to the a16z network over a 12-week period in Los Angeles.
Protocol Labs, an open-source R&D lab, has been supporting web3 startups since 2014, helping founders raise over $1 billion in external capital. Participants in the CSS program gain access to the Protocol Labs Founders community, a network of web3 founders working on building a resilient, democratized, and open-source web.
Juan Benet, the Founder of Protocol Labs, expressed the organization’s commitment to equipping web3 founders with the necessary knowledge, network, and capital to succeed. The partnership with Crypto Startup School aims to provide hands-on support to help builders create products that users love.
Jeff Amico, Director of a16z Crypto Startup School, praised Protocol Labs for sharing the commitment to helping web3 startups thrive. He emphasized the importance of expert guidance and resources in overcoming challenges and growing web3 businesses, and the contributions of Protocol Labs to the CSS cohort.
The partnership offers various benefits to the CSS cohort, including privileged engineering support across the Protocol Labs stack, access to Filecoin storage and retrieval services, talent support for recruitment, and membership in the PL Founders Community. This community provides access to mentors, investors, hiring support, partnership opportunities, and founder-focused events.
Protocol Labs is known for founding and funding the development of Filecoin, the world’s largest decentralized storage network, and the InterPlanetary File System, a peer-to-peer hypermedia protocol that aims to upgrade and improve the web to be more open and resilient as an alternative to HTTPS.