Nihal Mehta (Eniac Ventures) | "Elon Musk Was My First Board Member"

from Mantle Mondays · host Amar Varma and Amit Jethani

"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.

Episode metadata supplied by the publisher feed · Published Jan 19, 2026

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Nihal Mehta (Eniac Ventures) | "Elon Musk Was My First Board Member"

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