Founders Fund Makes Strategic Investment in Crypto Accelerator: Alliance

Alliance, crypto’s leading accelerator and founder network, announced today a new strategic partnership with venture capital firm Founders Fund, which will equip Alliance-accelerated founders with increased access to resources and mentorship.

Alliance has accelerated some of the crypto industry’s top companies, with a combined valuation of billions of dollars, and is backed by the likes of Balaji Srinivasan, Brevan Howard, Benchmark, Galaxy Digital, Cuy Sheffield, Kevin Lin, Stani Kulechov, Devin Finzer, Anatoly Yakovenko, and more.

Plans for Partnership with Founders Fund

This partnership unites crypto-natives and experienced tech leaders with a track record of helping disruptive tech cross the chasm.

As a part of this strategic investment, Alliance-accelerated founders will get access to the Founders Fund team and founder network.

For example, Alliance founders can connect with Founders Fund Partner Joey Krug, for his expertise in fundraising.

Alliance Co-Founder Imran Khan shared his thoughts on the partnership:

Alliance wants to be home to crypto’s best founders. Throughout our history, we purposefully kept our cohorts small, around 20–25 startups. We want our accelerator and alumni community to be as high quality as possible.

Our partnership with Founders Fund is another step in this direction.

Founders Fund Partner, Joey Krug added:

We’re investing in and partnering with Alliance DAO because we believe there is a need for crypto-specific accelerators. Our partnership focuses on supporting Alliance rather than starting our own accelerator, which we think aligns better with founders’ long-term interests.

We’ll act as a resource for Alliance companies, and look forward to investing in promising startups coming out of the program.

The Founders Fund x Alliance Video Series

To kick off this partnership, Imran Khan sat down with several Founders Fund team members to create an educational interview series for crypto founders.

The series includes:

• Benefits of Crypto Founders Building in Public with Joey Krug
• Basics of Early Stage Marketing with Mike Solana
• How to Develop Your Go-to-Market Strategy with Sam Blond
• Mistakes Founders Make When Pitching Investors with Delian Asparouhov

You can watch the entire video series now on Alliance’s YouTube channel.

About Alliance

Alliance is the leading crypto accelerator and founder community. Alliance has accelerated more than 200 startups across 12 cohorts, helping founders build their early products and go to market. Alliance’s recently launched alumni network, Alliance DAO, now features more than 500 founders.

Read more about Alliance in Alliance Co-Founder Qiao Wang’s piece on “The Magic behind Alliance DAO” and apply to receive $350,000 in funding, daily 1:1 mentorship, and more at alliance.xyz.

About Founders Fund

Founders Fund invests in the world’s most important and valuable companies across all geographies, sectors and stages. The firm’s partners have been founders and early funders of companies including PayPal, SpaceX, Palantir, Anduril, Airbnb, Stripe and Facebook. Founders Fund pursues a founder-friendly investment strategy, providing maximum support with minimum interference.

More information is available at www.foundersfund.com.

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