Kofi Ampadu, the companion at a16z who led the agency’s Expertise x Alternative (TxO) fund and program, has left the agency, based on an electronic mail he despatched to workers that TechCrunch obtained. This comes months after the agency paused TxO and laid off most of its workers.
“Throughout my time on the agency, I used to be deeply grateful for the chance and the belief to steer this work,” Ampadu wrote within the electronic mail, despatched Friday afternoon, with the topic line “Closing My a16z Chapter.”
“Figuring out out-of-network entrepreneurs and supporting them as they sharpened their concepts, raised capital, and grew into assured leaders was some of the significant experiences of my profession,” he wrote.
Ampadu led this system, which launched in 2020, for over 4 years till its pause final November, taking up for the preliminary chief, Nait Jones. Afterward, Ampadu seems to have worked at a16z’s newest accelerator, Speedrun.
Ampadu’s departure maybe alerts the tip of the TxO chapter. The fund and program centered on supporting underserved founders by offering entry to tech networks and funding capital by a donor-advised fund. Although some founders spoke extremely of this system, others criticized the controversial donor-advised construction. This system additionally launched a grant program in 2024 to offer $50,000 to nonprofits that assist numerous founders.
Its final cohort was in March 2025, and its indefinite pause got here as many high tech names reframe, reduce, or remove prior public commitments to variety, fairness, and inclusion. We’ve reached out to a16z and Ampadu for remark.
His full observe under:
I moved to the USA three months earlier than my eleventh birthday. One month later, I began sixth grade in a college greater than 5,000 miles from my house, my buddies, and every part acquainted. Lately, my mother jogged my memory that my faculty required me to enroll as an English-as-a-Second-Language pupil. My reminiscence instantly returned to how confused I felt. Even at 10 years outdated, I knew it made no sense {that a} child from Ghana, an English-speaking nation, was being requested to be taught a language he already spoke fluently.
This was a methods requirement, a blanketed assumption about what college students from sure locations may or couldn’t do. That very same kind of systemic assumption is what we got down to problem by the Expertise x Alternative Initiative. The enterprise ecosystem usually depends on proxies equivalent to colleges, networks, and prior credentials, which may obscure distinctive founders who don’t observe the commonest paths. TxO invested in and supported these ignored founders to bridge the hole between expertise and alternative.
Throughout my time on the agency, I used to be deeply grateful for the chance and the belief to steer this work. Figuring out out-of-network entrepreneurs and supporting them as they sharpened their concepts, raised capital, and grew into assured leaders was some of the significant experiences of my profession.
As I transfer on to my subsequent chapter, I go away with delight in what we constructed and gratitude for everybody who helped form it. Thanks for the belief, the collaboration, and the assumption in what is feasible. There may be extra work to do and I’m excited to maintain constructing.
