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avatar for Steven Vachani

Steven Vachani

Serendipity Ventures, Power.com / Power Ventures Inc.
Innovator & Investor
Rio de Janeiro
A serial entrepreneur, experienced startup CEO building global technology companies, early stage venture investor, a technology pioneer of Brazil’s information economy, and a visionary within the start-up ecosystem of emerging markets.

During the global internet boom of the 1990s, cofounded two pioneering global Internet companies, Qool and Freelotto. Freelotto.com was the 11th largest internet brand in the world in terms of global reach and users at its peak while Qool was the third largest auctions site on the Internet after eBay and uBid. Freelotto had over 60 million registered users and was the Internet’s largest direct marketing company in the 1990′s while Qool was one of the Internet’s 3 largest loyalty marketing companies together with MyPoints and NetCentives

In the mid 2000′s, founded Power.com, Brazil’s first global technology startup to ever to receive funding from a Tier 1 Silicon Valley VC firm. Power.com was also Brazil’s first global technology company to build an internationally recognized consumer brand with tens of millions of users worldwide. 

Specialties: Can take a good business idea that you have and help you develop and execute a rock solid business model, financial plan, and marketing strategy. Have deep knowledge and understand of every Internet business model and marketing strategy and can develop the most powerful viral marketing and user generated content strategies for startup companies that want to disrupt their markets.