Avi Patel

Avi Patel is the Founder and CEO of Nitrility, a company he established in November 2021.1 Based in the New York City Metropolitan Area, Patel is a young entrepreneur who has made significant strides in the tech and music licensing industries.

Professional Background

Avi founded Nitrility, which is described as the world's first IP marketplace. The company works with over a billion dollars in assets from 34,000 rightsholders.4 Nitrility aims to solve issues related to music licensing and copyright claims, particularly in the context of online content creation.3

Education and Early Career

Patel is currently pursuing a Bachelor's degree in Computer Science and Business at the University of Illinois Urbana-Champaign, which he began in 2021. Prior to his university studies, he attended Rutgers Preparatory School from 2012 to 2021.2

Entrepreneurial Journey

Despite his young age, Avi has shown remarkable entrepreneurial spirit:

• At 18, he started his first venture in the NFT space while in college.3
• He transitioned from being an anxious, anti-social student to closing million-dollar deals and interacting with top celebrities within just two years.3
• Nitrility, his current company, has been valued at over 20 million dollars.3

Business Approach

Avi's approach to business includes:

• Emphasizing the importance of personal branding in entrepreneurship.3
• Advocating for a "stop learning, start doing" mentality.3
• Using cold DM strategies for networking and business development.3

Recognition

Avi's achievements have garnered attention, with him being described as "The 20 Year Old Who Solved a $2 Trillion Dollar Problem" in reference to the issues Nitrility addresses in the music licensing industry.3