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Beatriz Acevedo (SUMA) - Why Personal Finance, How Content Can Build Community and Educate, and Creating Products Serving the Latinx Community

Beatriz Acevedo (SUMA) - Why Personal Finance, How Content Can Build Community and Educate, and Creating Products Serving the Latinx Community

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands


Beatriz Acevedo (SUMA) - Why Personal Finance, How Content Can Build Community and Educate, and Creating Products Serving the Latinx Community

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands

ratings:
Length:
58 minutes
Released:
Feb 4, 2021
Format:
Podcast episode

Description

Thank you Samara Hernandez to our guest today, Beatriz Acevedo, CEO and co-founder of SUMA Wealth. SUMA is a revolutionary financial wellness company with the mission to engage, educate, and empower the Latinx community via a holistic approach of Digital Media, Experiences, and FinTech. Previously, Beatriz founded mitu, a digital media company that elevates and celebrates the voices of our multidimensional LatinX community. We discuss her approach to founding a fintech company, examples of creative ways she uses content to build community and why she wanted to focus on personal finance. Without further ado, here's Samara.The Consumer VC Summit: February 23-25Full Lineup and to purchase tickets:Summit.theconsumervc.comEnter CONSUMERVC at checkout for 20% offA couple books that inspired Beatriz are The Four Agreements by Don Miguel Ruiz and Lean In by Sheryl Sandberg.Highly recommend following her on Twitter @Bea_latina. You can also follow me on Twitter for updates @mikegelb.Some of the questions I ask BeatrizWhat was your attraction to entrepreneurship and media?How did you go on to found mitú?What are some of hurdles when founding a media business?What led you to founding your latest venture, SUMA Wealth?What was the opportunity and how did you become so passionate in helping folks learn about personal finance?Walk me through the business model.We've seen other fintech products focus on the product first, then content. You've seem to take the other approach, starting with the content. How did you think about go-to-market strategy?When you think about target market - Gen Z and Millennial latinx - what are some of the tactics that you use to find that audience and create brand presence?What was your approach when you decided to raise venture capital?What's one thing you would change about the fundraising process?What's the best piece of advice that you've received?What's one piece of advice for founders?
Released:
Feb 4, 2021
Format:
Podcast episode

Titles in the series (100)

The Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place.Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription.Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch.This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled.For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.