Utopic Ventures

Idea: Create the Dreamville Ventures (or Roc-A-Fella Records) for startups.

  • Utopic is my personal label and parent company for my startups.
    • Utopic Studio is my atelier where I develop my own startup ideas.
    • Utopic Ventures will be my fund to invest in other founders’ studios.

Types of Deals:

  • Invest: Some founders just need money.
  • Advise: Some founders just need advice.
  • Partner: Some founders need a Shadow Co-Founder.
  • 360 Deal: Some founders want it all.

This work in the Studio would come before any seed funding, accelerators, or even co-founders.

  • Studio → Co-Founders → Pre-Seed → Accelerators → Seed → Series A, etc.
    • We’ll help you skip one or more steps and potentially avoid outside funding entirely.

Problem: Most founders own less than 50% of their company by their seed round.

  • 1 co-founder + 1 pre-seed round = 50%+ dilution.

Solution: Utopic will be your co-founder + first investor for 20%.

  • Minimizing early dilution maximizes founder control over the vision and direction of their startup.

Mission: Be the first investor and Shadow Co-Founder to the most promising founders.

  • Goal: Be the world’s earliest angel investor.

Expansion: Back my founders’ entire portfolios, not just specific startups.

  • Giving my founders the freedom to take many shots on goal and winning whenever they win.

Opportunity: Encourage the best founders to create their own startup studios.

  • This solves the fundamental misalignment between founders and investors:
    • Founders shouldn’t have to go all-in on each idea.
    • Investors should back founders long-term, not just for one startup.

Vision: Organize a community of ambitious optimists to take on the World’s Biggest Problems.

My DMs are open @neilthanedar if you’re interested in this idea as a founder, investor, and/or partner!

Published by Neil Thanedar

Neil Thanedar is a scientist, entrepreneur, philanthropist, and activist. He is the founder & CEO of Air to All, a 501(c)3 nonprofit medical device startup designing low-cost respirators and ventilators for COVID-19 and beyond. He is also the co-founder and CEO of Labdoor, a consumer watchdog that independently tests and ranks supplements and other health products for its 20M+ users. He previously co-founded Avomeen Analytical Services, a product development and testing lab acquired for $30M+ in 2016. He has worked with community organizations since 2007 and political campaigns since 2016 to fight for better education and economic opportunities in Michigan.