Steven Wolfe Pereira (Encantos) - Teaching Kids 21st Century Skills, Building a Direct to Learner EdTech Company, and Overlooked Opportunities That Make Real Impact
Jan 28, 2021
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In this engaging conversation, Steven Wolfe Pereira, co-founder and CEO of Encantos, shares his journey in edtech, emphasizing that kids learn best through play. He explores innovative strategies merging education and entertainment, and discusses the importance of diverse storytelling. Steven highlights his company's commitment to social responsibility, creating brands that empower children with essential skills. He also encourages aspiring entrepreneurs to take action and experiment, proving that impactful ventures can yield both financial success and social good.
Encantos combines technology and storytelling to create innovative educational experiences that teach children essential 21st-century life skills.
Steven Wolfe Pereira emphasizes the importance of aligning with mission-driven investors to effectively navigate fundraising challenges in the edtech space.
Deep dives
Consumer VC Summit Overview
The Consumer VC Summit is a three-day virtual event targeting e-commerce, retail, and innovation, taking place from February 23rd to 25th, 2021. The summit features a mix of talks and panel discussions with prominent founders and investors in the industry, as well as networking events in the evenings. Founders attending will have the chance to access mentoring sessions with investors and industry professionals for valuable feedback on their businesses. Participants can replay the sessions with a ticket purchase, and a discount is available for early registration.
Stephen Wolf Pereira's Journey
Stephen Wolf Pereira, co-founder and CEO of Encantos, shares his extensive background in technology and media that laid the foundation for his ventures. He began his career in finance and investment banking, which led to his involvement in technology deals in Latin America, and ultimately to a pivotal role at Akamai Technologies during the early days of cloud computing. His experiences across different sectors helped him acquire crucial skills in performance marketing and data technology, which he now applies to the education space through Encantos. This journey reflects a merging of technology, media, and passion for education, enabling him to create impactful learning experiences.
Encantos’ Mission and Educational Approach
Encantos is dedicated to innovative educational solutions that foster learning through play and focus on 21st-century skills. The company positions itself as a cultural leader in children’s education by blending storytelling and learning, drawing upon successful historical examples like Sesame Street. With a unique emphasis on direct-to-consumer subscription models and the development of engaging characters, Encantos aims to make educational content entertaining while instilling vital life skills in children. The ultimate goal is to create a new category of 'story teaching' that addresses both educational needs and cultural representation, especially in a diverse landscape.
Fundraising and Impact Considerations
Stephen discusses the challenges and insights gained from fundraising in the edtech space, particularly during the COVID-19 pandemic. He emphasizes the importance of surrounding oneself with mission-aligned investors who believe in the vision of blending education with impact. By becoming a public benefit corporation, Encantos illustrates its commitment to stakeholder value over just shareholder returns while supporting bilingual educators and underserved communities. The successful closure of their Series C funding demonstrates a growing recognition of the potential within the edtech sector, especially as demand for innovative learning solutions has surged.
Thank you Samara Hernandez for introducing me to today's guest, Steven Wolfe Pereira, co-founder and CEO of Encantos, an award-winning edtech company that believes kids learn best through play while teaching kids 21st century life skills. We discuss some of the learnings of working at technology companies and communication companies, the inspiration and insight behind Encantos and how he introduces new brands. Without further ado, here's Steven.
You can follow Steven on Twitter @wolfepereira. You can also follow your host, Mike @mikegelb.
What was your initial attraction to technology and media?
I can understand how the media background would be super helpful, but what were some of your learnings in enterprise SaaS that influenced your approach to building Encantos?
Take me to the beginning of when you founded Encantos. What was the insight that led you to start your company?
Talk to me a little bit about the company's mission and where you think education might miss or feel outdated in this current climate?
When you think about giving back and legacy. What do you believe are some modern traits in a business that might have been overlooked/nonexistent 20-30 years ago?
Walk us through the three brands that you've developed under Encantos and how each of them came to be?
How do you think about creating new characters or building new brands?
What's your strategy when it comes to physical products, software products and shows?
What was your process when you decided to raise venture capital funding?
Was it harder to fundraise during COVID?
What's one thing that you would change about venture capital?
What's one book that inspired you personally and one book that inspired you professionally?
What's one piece of advice that you have for founders?
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