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Caryn Seidman-Becker

๐Ÿ‘ค Speaker
1227 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

I did not take a salary for the first five years and got paid in stock.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

And to me, that was a privilege.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

We turned cashflow positive.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

six and a half years in, and we had burned through $53 million of cash to get there.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

We were very cheap, very efficient.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Airports are a really interesting place.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Think of it like concentrated shopping malls.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

I didn't think, oh, I wanted to start a business in an airport.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

I thought I wanted to build a secure identity platform, but airports are the great place to start a business because you have millions of people coming through these buildings every day that see your brand and

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

A tipping point for us was when we allowed our ambassadors to do the selling for us.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Social media is a really noisy place to try to get someone's attention and certainly getting noisier.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Having an ambassador who gets a commission so that they can make more money and they're awesome people say, sir, would you like to learn about Clear?

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Sir, would you like to be a Clear member?

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Are you coming over and saying it?

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Sometimes we put out candy bowls.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

We did different things.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Who doesn't want to mint when they're traveling or hand sanitizer in the 2020 timeframe?

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

It was great ways to get the word out and to educate and to have team members who could make more money and to have people bring technology to life.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

Innovation is about bringing people what they did not know they wanted.

Invest Like the Best with Patrick O'Shaughnessy
Caryn Seidman-Becker: Rebuilding CLEAR - [Invest Like the Best, EP.432]

And people don't Google biometric security at airports, specifically not at the beginning.