Startup = Growth. No company can grow forever with just one product. The best startups launch, buy, and grow many products. Xerox → PARC Google → X Amazon → Grand Challenge Google → Alphabet Facebook → Meta Keeping their startups in perpetual studio mode is key to staying relevant for another generation. Running an indieContinue reading “Studios vs. Startups”
Author Archives: Neil Thanedar
Founders vs. VCs
If you’re really ambitious in startups, there’s only ever been two paths: founder vs. VC. Founders go deep on one company. VCs get to build a broad portfolio. So they’re incentivized to keep founders locked up in their original startups. They don’t want founders to diversify. VCs want a portfolio for themselves but not forContinue reading “Founders vs. VCs”
Disraeli Drawer
Do you have enemies? You know, those people, who when they cross your mind, set off hours of revenge fantasies? Here’s how I learned a powerful, non-violent way to deal with enemies, thanks to Charlie Munger and Benjamin Disraeli: Everyone has enemies: They say success is the best revenge, but it doesn’t feel that way.Continue reading “Disraeli Drawer”
Decentralized Failsafes
When someone steals your crypto, it’s gone forever. How can we build this feature into decentralized finance (DeFi)? We need a decentralized consensus mechanism to track and reverse theft of digital assets. One Coin = One Vote rules exposes blockchain protocols to the risk of 51% attacks. Example: The Beanstalk protocol was robbed of $182MContinue reading “Decentralized Failsafes”
Mixed Indian Baby Names
Note: I’m Indian-American and have two half-Hmong-American boys, Kai and Ajay, so I’ve spent way too much time thinking about this very niche issue, even making two top-10 lists of all the baby boy names we considered. Hope this helps someone! Easy to pronounce in all languages. Meaningful in a native language. Here are myContinue reading “Mixed Indian Baby Names”
Recreate Ancient Foods
Note: This idea is on my list of solutions to The World’s Biggest Problems. Problem: We have selectively bred or genetically modified most nutrients out of most foods. Solution: Reintroduce the best traits of ancient fruits and vegetables into modern crops. Master Plan: Model: Big Purple Tomato The purple tomato was invented by Professor Cathie MartinContinue reading “Recreate Ancient Foods”
Indie Startups
Now my goal is to 100% own many $1M+ startups. Startups can always raise money later. It’s near impossible to return money raised and get your equity back. In art, music, and gaming, indie means independent from the major producers. Many of these “indie” labels still have distribution deals with the big guys. In startups,Continue reading “Indie Startups”
Utopic Studio
Indie = 100% Ownership I’m prioritizing independence in this phase of my career. Individual startups in my portfolio can and will raise outside capital when they’re ready to be independent. But Utopic LLC, the original parent company, will always stay 100% mine. Startup = Anything I Want to Create Any funding: Bootstrapped → VC/PE AnyContinue reading “Utopic Studio”
Open Metaverse
There were only 130 websites in the world in June 1993. AOL reached 1+ million users in 1995 and 5+ million users in 1996. The whole internet only had 16 million users in 1995 and 36 million users in 1996. The creation layer is now decentralized. There are now over 1.9 billion websites in theContinue reading “Open Metaverse”
Micro M&A
Example: On midnight January 1, 2022, I officially closed on my first acquisition, a product line of technical workbenches called Electra-tec. I am now relaunching it as Pro Benches. I first found this product on BizBuySell in early September. Four months and five site visits later, Pro Benches is my business. Politicians left and rightContinue reading “Micro M&A”