Caryn Seidman-Becker

I was 29 at the time.

Really changed me.

I felt responsibility and a moral obligation to help make this country a better place and that we were lucky to be here and that we were all responsible for it as citizens.

When I found Clear,

which L1, the company we had invested in, had been a subcontractor to for the first go around.

I was like product that could become a platform that could make our country safer, make consumers lives easier.

It was biometrics, which I believed in the consumerization.

Subscription based businesses are incredible.

It was the convergence of my entire professional career.

So we being myself, my husband, some advisors at the time, my co-founder went into a room in a law office and said,

We're bidding against another group of people who were former employees of Clear, and we had money in escrow.

You're reading other people's documents, trying to understand what you should do.

You have a maximum number, and we bid $6 million in cash, which I think was a little lower than the existing bid, but it was 100% cash that night given to them.

We won, and you're in this room going back and forth with the documents and strategy and talking.

for like 10 hours, couldn't eat, barely drank.

And then you leave and it's almost like bringing home a new baby.

I won.

Shoot, what do I do with it?

We had a double-sided five-page list of things to do because it was all shut down and the hardware was in different storage areas.

And there was 190,000 members who were like, where's my data?