The Startup Teaching 2-Year Olds to Read | Niels Hoven, Mentava
The Peel with Turner Novak
Turner Novak
4.6 • 11 Ratings
🗓️ 5 December 2024
⏱️ 106 minutes
🧾️ Download transcript
Summary
Niels Hoven is the founder of Mentava, building software to accelerate kids’ education, starting with teaching two year old’s to read.
We talk about how public education isn’t designed for ambitious kids, the power of hater marketing, product design from zero to one, how too much data leads to Frankenstein products, Seed stage fundraising advice, parenting hacks, why AI won’t have a big impact on education, and the future of elite higher ed.
For full show notes, visit: https://highlightai.com/share/0a0869a7-c345-4974-ba2b-726bacf7a534
Timestamps:
(00:00) Intro
(03:49) Why schools don’t challenge overachievers
(11:58) How a hater made Mentava go viral
(18:14) The secret that teaches little kids to read
(24:22) How people actually learn to read
(27:35) 2/3 of 4th graders can’t read proficiently
(29:29) The downfall of one-size fits all education
(33:44) How California almost banned middle school algebra
(40:41) SF’s lottery system and how it impacts low income families
(42:41) How COVID changed education
(47:41) Early prototypes and going all-in on Mentava
(50:56) Best practices from gaming in education
(55:10) Raising a party round from lots of angels
(01:03:03) Designing business models in education
(01:13:19) Being pro-tech + anti-screens for kids
(01:18:04) Top parenting hacks
(01:22:53) How data-driven product design leads to Frankenstein products
(01:25:34) Why gaming’s the best industry to learn how to build product
(01:27:46) The trick Niels used to find startup ideas for 20 years
(01:31:03) Why AI won’t be that impactful in education
(01:36:28) What happens to elite higher education over the next decade
(01:43:15) Admiring Stripe
Referenced:
Mentava: https://www.mentava.com/
Ryan Delk podcast episode: https://open.spotify.com/show/3QqtxGHqsPnKTG4CS7NgX5 | https://youtu.be/GTfsMEOIIxQ
How Neils raised Mentava’s Seed round: https://www.mentava.com/blog/how-i-got-50-high-profile-angel-investors-to-join-our-seed-round
Mentava’s Alphabet Book: https://www.mentava.com/alphabet-sounds-book | https://www.amazon.com/Mentavas-Alphabet-Sounds-Niels-Hoven/dp/B0DKTQ9FW4
Follow Niels:
X / Twitter: https://x.com/NielsHoven
LinkedIn: https://www.linkedin.com/in/nielshoven
Follow Turner:
Twitter: https://twitter.com/TurnerNovak
LinkedIn: https://www.linkedin.com/in/turnernovak
Subscribe to my newsletter to get every episode + the transcript in your inbox every week: https://www.thespl.it/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | So we've been working on our early version of the software to teach preschoolers to read. |
| 0:05.0 | We probably thought we had about another year of work before we were ready for a big public |
| 0:09.3 | launch. |
| 0:09.7 | And then this way too online, ultra-progressive Bay Area activists got her hands on one of our early |
| 0:17.7 | investor pitch decks and posted some pages and said, look at this terrible |
| 0:21.8 | company. Can you believe what they're doing? They want to teach two-year-olds to read. They want to |
| 0:25.5 | teach four-year-old's algebra. Isn't that terrible? And a lot of people looked at that and said, |
| 0:31.0 | this actually sounds really great. How do I sign up? Yeah, what was so bad about it? She was saying |
| 0:34.7 | that basically, you know, we are conspiring with Replit and Gary |
| 0:39.0 | Tan to subvert child labor laws by like making children productive at an earlier age. The best |
| 0:45.8 | thing about this is that she did not back down. It became this pile on where the entire internet |
| 0:50.1 | was like, I don't understand what you're saying. This seems really crazy. And the more they kind of went back and forth at each other, the more visibility of Mantavica. So before this whole thing happened, we had thought, okay, if we can do a soft launch and get maybe 10 families in here using our software, that would be awesome. That way we can just iterate and learn from this small group, keep improving our software. And I don't remember the exact. We had a lot of families sign up and give us a deposit, which is wild because our software wasn't live at the time. We hadn't even submitted to the Apple App Store. We had no way to sign up and actually create an account on our website. The only thing you could really do is if you went through sort of an interest questionnaire, at the end of that questionnaire, there is a little link that allowed you to put down |
| 1:27.6 | a 500 deposit for your first month in P&B. And people managed to find that and gave us |
| 1:33.0 | so many deposit that we said, okay, I guess, I guess this is it. We've basically exceeded our |
| 1:39.0 | revenue targets for our first year, so we'd better launch now and get the software into people's |
| 1:43.1 | hands. Welcome to the Peele. I'm your host, Turner Novak, founder of Banana Capital, a venture capital |
| 1:48.2 | firm for founders who can't read you. Today's guest is Niels Hoven, founder of Mantava, |
| 1:53.5 | building software that helps ambitious kids learn faster. We talk about the power of |
| 1:58.3 | hater marketing and why most of us are taught to read the wrong way. |
| 2:01.6 | This mystique that has been built up around reading to make people think that it's really hard, but it's actually not rocket science. |
| 2:07.6 | How education policy can hold back high achieving kids. |
| 2:10.6 | We want everyone to have the same abilities and learn at the same pace, and fundamentally that that's just not true. |
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