Nihal Mehta (Eniac Ventures) | "Elon Musk Was My First Board Member"
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Nihal Mehta (Eniac Ventures) | "Elon Musk Was My First Board Member"
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"Elon Musk was my first board member. I still have his signed offer letter with his phone number on it."
That's just one story from Nihal Mehta's journey from college entrepreneur to Managing Partner at Eniac Ventures ($500M+ AUM). But the real story is what happened after he lost it all.
Nihal raised over $1M for phillytonight.com in college. Billboards on I-95. MTV commercials. Then it went bankrupt in 2001.
Most people would've quit. Nihal bought his code back for $1,000. That code became ipsh!—the SMS technology that powered American Idol voting and Madonna's mobile campaigns. Eventually acquired by Omnicom. That resilience became the foundation for Eniac Ventures.
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