Loops AI × a16z Speedrun — Co-Counsel with Wilson Sonsini

Client: Loops AI — AI-native product company building at the intersection of generative AI and creative software workflows, focused on consumer-grade end-user experiences.

Investor: a16z Speedrun — the early-stage accelerator program of Andreessen Horowitz (a16z) focused on founders building at the intersection of games, consumer tech and AI.

Deal Size & Date: USD 1,000,000 · December 2025.

Vircon Legal Role: Turkey-side legal counsel to the client. On the U.S. side, Vircon worked as co-counsel with Wilson Sonsini Goodrich & Rosati (WSGR). The Turkey and U.S. workstreams ran in a synchronised manner across both firms.

Investor Context: a16z and a16z Speedrun

Andreessen Horowitz (a16z), founded in 2009, is among the most influential venture capital firms globally — having backed companies including Facebook, Airbnb, Coinbase, Lyft, Slack, GitHub, Instacart, Stripe and Databricks during their formative stages. a16z Speedrun is the firm’s structured early-stage program for founders building at the intersection of games, consumer tech and AI, providing capital plus access to a16z’s distribution and operator network.

Deal Significance: Co-Counsel with WSGR

Wilson Sonsini Goodrich & Rosati (WSGR) is one of the leading technology-focused law firms in the United States; it has advised Apple, Google, LinkedIn, Tesla and thousands of other companies through their formative periods since the founding of Silicon Valley. Vircon Legal working as co-counsel with WSGR at the same deal table produces two outcomes with practical weight:

  • The operating standards between the two firms (term sheet negotiation, definitive documentation, cap table, ESOP) were synchronised in real time across jurisdictions.
  • It showed an operating model for the Turkish tech ecosystem where WSGR-grade counsel on the U.S. side and boutique Turkey-side counsel run a coordinated workstream.

Why Cross-Border Legal Architecture Matters

For Turkey-rooted founding teams, getting the TR/U.S. entity architecture right at the first institutional round — Delaware C-Corp parent + Turkish subsidiary structure, IP transfer mechanics, founders’ agreement, vesting, ESOP — materially determines the trajectory of subsequent rounds and any future strategic exit. Structural decisions skipped or deferred at the first round tend to surface as friction points re-negotiated by the next investor, and occasionally block closings altogether.

Loops AI’s a16z Speedrun round is an example where these architectural decisions were made together with the founding team from day one, with U.S. and Turkey counsel operating in sync.

Takeaway

This case crystallises two of Vircon Legal’s structural value propositions: (i) co-counsel capacity to stand at the deal table with world-class VC funds, and (ii) the practical presence of a Turkish boutique fluent in the operating standards of the top U.S. tech firms — WSGR, Cooley, Goodwin, Fenwick. It is now structurally possible for Turkey-based AI, consumer software and games companies to find a legal infrastructure that international investors prefer.

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