USA
NEO is a startup accelerator and venture capital firm founded in 2017 by Ali Partovi, known for early investments in Facebook, Airbnb, Dropbox, and Uber. With over $1 billion in AUM, NEO focuses on identifying extraordinary young technical talent โ often college students โ and invests $20K for 1% equity plus a $200K MFN note. The program includes a three-month residency, a two-week bootcamp in Oregon, and mentorship from ~30 experienced operators. Investors include Bill Gates, Reid Hoffman, Eric Schmidt, and Sheryl Sandberg.
Deal Terms
$750k uncapped SAFE with $20M floor valuation