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    Steve Vachani (LA-USA, Rio-Brazil)

    Managing Director at Serendipity Ventures

    Steve Vachani is a renowned serial entrepreneur and experienced startup CEO who has made significant contributions to the technology industry, particularly in Silicon Valley and global emerging markets. With a background in Political Science, Social Welfare, and Business Administration from the University of California, Berkeley, as well as studies at Irvine High School, Vachani has a strong educational foundation.

    Vachani is best known for his role in cofounding two influential global Internet companies during the 1990s internet boom - Qool and Freelotto. These ventures achieved remarkable success, with Freelotto.com becoming the 11th largest internet brand globally and boasting over 60 million registered users. Qool, on the other hand, emerged as one of the top three auctions sites on the internet, alongside eBay and uBid.

    In the mid-2000s, Vachani founded Power.com, Brazil's first technology startup to secure funding from a Tier 1 Silicon Valley VC firm. Power.com gained international recognition, attracting millions of users worldwide. The company was a trailblazer in developing the internet's first APP platform and CONNECT platforms, setting the stage for concepts later embraced by tech giants like Apple and Facebook, including the Apple APP store and Facebook's applications platform and CONNECT platform.

    Throughout his entrepreneurial journey, Vachani has established four fully-branded online companies, collectively amassing over 120 million registered users. The combined revenues from these ventures exceeded $500 million, with a peak market value of $1.7 billion, showcasing his remarkable business acumen and strategic vision.

    Steve Vachani (LA-USA, Rio-Brazil)
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    Location

    Los Angeles Metropolitan Area