Keith Schacht
CEO of The Explanation Company. The creators of Lava, a browser & communications app for kids. Started & sold three previous companies. TED speaker. Former Facebook.
CEO of The Explanation Company. The creators of Lava, a browser & communications app for kids. Started & sold three previous companies. TED speaker. Former Facebook.
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Experience
Exit
Founder, CEO
I started Mystery with Doug Peltz in 2013. Over the next 7 years the team grew to 50 people and our product, Mystery Science, became the most widely used science resource... more in U.S. elementary schools. It is used in more than 50% of elementary schools reaching more than 4M children each month. The Wall Street Journal named Mystery Science as one of the top resources to use with your kids during school closures. In October of 2020, Mystery Science became a subsidiary of Discovery Education.
Exit
Crafted Fun
Founder, CEO
Launched 12 Facebook applications during first 3 years of the platform with multiple viral hits. Raised financing from Naval Ravikant in SF and Apex Ventures in Chicago, grew... more team to 5 people. Created a successful social game, Enchanted Island, with a balanced virtual currency economy and transitioned the company from an advertising to virtual currency business model. Acquired by Vying Games.
Founder, CEO
Created a subscription service that helped Fortune 500 consumer product companies come up with new product ideas by informing them of new materials and technologies. Raised... more an angel round, expanded the team to 6 people, acquired 80 corporate subscribers including Nike, Fisher Price, Proctor & Gamble, Motorola, BMW, Kraft, and others. Sold my half to my co-founder and left to start a new company.
Founder
Employee
Projects
Open-and-go lessons that inspire kids to love science.
Mystery Science offers open-and-go lessons that inspire kids to love science. The hook, visuals, and activity have all been prepared for you. Less prep, more learning.
Mystery Science Acquired by Discovery Education
With billion-dollar fundraises on top of billion-dollar valuations, it's no mystery that the education technology industry is attracting top dollars from… · More investors. And as it turns out, edtech companies are attracting a premium from buyers as well. The latest proof point is Mystery Science, a provider of elementary-grade science curriculum, which has been acquired by Discovery Education.
Education
About
Achievements
I'm a product guy, entrepreneur, programmer living in Austin. I've started, built, and sold three technology companies. I spent time as a product manager at Facebook (newsfeed, messaging). I'm currently working on a new company and investing.
I have considerable expertise with development of consumer web/mobile apps, social/viral applications in particular, and the edtech space. I started creating applications on the Facebook platform in the first month of its launch. I launched a dozen applications that acquired over 40 million users across them. At Facebook I coordinated the development and launch of ticker and an updated newsfeed.
Describe the most impressive thing you've done.
Locations