Neo is structured as a communal mentorship community of several hundred elite engineers, founders, and tech leaders where LPs, advisors, and founders are part of a shared network, rather than a traditional GP-centric fund structure. The fund was originally conceived to back college students and very young technologists through its Neo Scholars fellowship that provides non-dilutive grants and mentorship years before they start companies, turning the fund into a long-term talent cultivator rather than a conventional deal-flow engine.