At Founder’s CPA, we are privileged to work with a wide spectrum of highly impressive clients, such as Vidadata. Welcome to our Featured Founders, where we are highlighting a diverse set of “Founders” who may not fit the stereotypical “Founder” mold set by Silicon Valley, but they all bring a unique solution to their respective markets.
In this post, we showcase our Featured Founder, Vidadata, a company committed to helping your loved ones move forward with life at their own pace by giving them access to your life data without dealing with other entities.
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Q) What does your company do?
Vidadata secures all of your life data giving you peace of mind knowing that your loved ones will be taken care of in a tragic situation.
Q) What is your mission?
Vidadata’s mission is to make life’s tragedies easier to deal with.
Q) What inspired you to start Vidadata? What is your “why”?
After experiencing a series of health scares, I came to the realization that my wife would be at a loss if something tragic were to happen to me, especially as it related to all of the digital data and financial management responsibilities I have for our family. As I discussed this problem with family and friends, it became evident that this was a real problem that needed to be solved and not just for me. Vidadata was born out of this necessity.
Q) What differentiates your company from your competitors?
We are looking at this problem holistically. Many solutions in the market focus on securing passwords only. Vidadata captures passwords, important information like phone numbers, account numbers, instructions on where to find info, etc.
Q) What are some challenges your consumers are facing right now and how does your company help?
If a spouse dies tragically or becomes incapacitated, the last thing the living spouse wants to think about while trying to mourn is how to get access to money and important information that the deceased spouse only had access to. For those in this situation, it can take months, sometimes years to get access to this critical information. According to Fidelity, step 1 in your estate planning is documenting every digital asset you control and have access to. This not only includes financial info, but also social media accounts, email, cell phone passcode, the safe lock code in the bedroom closet, etc.
Q) What’s your favorite part about being an entrepreneur?
The idea of controlling my own destiny is what excites me about entrepreneurship. I’ve been an aspiring entrepreneur for as long as I can remember going back into my childhood. I also love creating solutions to difficult problems and seeing the joy it brings to people.