VILLAGEx 2020 Cohort
Kick Off
2020 Lucid • Confidential QUESTION “What is your story?”
2019 Lucid • Confidential 1996 – Graduated from Sewanee
1997 – Carpenter / Director / Choral Teacher
1998 – moneyNexus – BUST!
1999 – govWorks – raised $65M – BUST!
2000 – Instant Gravity – killed by 9/11
2001 – Columbia MBA / What have I done?
2003 – iFilm – WIN – Sold to Viacom for $49M!
2004 – Sample Czar – BUST!
2005 – OTX – WIN – Sold to Ipsos for $71M!
2010 – Founded Lucid
2011 – Series A = $2.8M
2017 – Series B = $60M 2020 Lucid • Confidential
2010
2020 Lucid • Confidential 2020 Lucid • Confidential REMOTE - 41 LONDON - 54 461 PRAGUE - 12 As of 12.05.19 HAMBURG - 1
MINNEAPOLIS - 2 NYC - 25 DALLAS - 15 NOLA - 172 SINGAPORE - 2 GURGAON - SYDNEY - 7 BRAZIL - 8 122
2019 Lucid • Confidential QUESTION “Growth metrics”
2019 Lucid • Confidential What exactly does LUCID do?
2020 Lucid • Confidential Lucid bridges the divide between global questions and human answers - to provide real impact.
2020 Lucid • Confidential Collecting all unknown information – so people can ask questions and get answers as fast as search. 2020 Lucid • Confidential How do we do that?
2020 Lucid • Confidential It’s easy now to make a survey
2020 Lucid • Confidential They are everywhere
2020 Lucid • Confidential No one wants to take them SURVEYS
2020 Lucid • Confidential But you like points and games
2020 Lucid • Confidential So we connect them
2020 Lucid • Confidential And made a marketplace
2020 Lucid • Confidential
QUESTION “What you have learned during your experience that would help me go a little faster and smoother on my entrepreneurial journey?”
2019 Lucid • Confidential Lessons Learned
Along the Way
2020 Lucid • Confidential 1998, was a long time ago…
2020 Lucid • Confidential In 1998, advise looked like this:
2020 Lucid • Confidential Now, it looks like this
2020 Lucid • Confidential Now, it looks like this Who should you
listen to?
2020 Lucid • Confidential 2020 Lucid • Confidential 2020 Lucid • Confidential Worst Offenders • Business Executives • Lawyers • Bankers • I worked for Google, Facebook, etc…
2020 Lucid • Confidential Same goes for successful
entrepreneurs
2020 Lucid • Confidential So who should you listen to? • Entreps who have failed • Your friends • Your parents and family
2020 Lucid • Confidential QUESTION “How do you balance work life balance while being a early stage CEO?”
2019 Lucid • Confidential 1996 – Graduated from Sewanee
1997 – Carpenter / Director / Choral Teacher
1998 – moneyNexus – BUST!
1999 – govWorks – raised $65M – BUST!
2000 – Instant Gravity – killed by 9/11
2001 – Columbia MBA / What have I done?
2003 – iFilm – WIN – Sold to Viacom for $49M!
2004 – Sample Czar – BUST!
2005 – OTX – WIN – Sold to Ipsos for $71M!
2010 – Founded Lucid
2011 – Series A = $2.8M
2017 – Series B = $60M 2020 Lucid • Confidential
2020 Lucid • Confidential Simple vs. Compound Interest
Sea of Despair
Wait, what!? Awesomeness
T Years 2020 Lucid • Confidential QUESTION “What was the darkest moment in your company’s history that you’re willing to share, and how did you pull through it?”
2019 Lucid • Confidential Startups quickly teach you how to execute and “get it done anyway”
2020 Lucid • Confidential The Art of Juggling • Learn to toss one ball • Watch the balls,
not your hands • Know your limits
2020 Lucid • Confidential QUESTION “Getting to yes: how do you overcome the no’s?”
2019 Lucid • Confidential THE SHOW MUST GO ON
2020 Lucid • Confidential Build your own ladder and trust it.
2020 Lucid • Confidential
And once you get to the top, reach out to help others up.
2020 Lucid • Confidential Takes more than one
“You can do it!” “That’s OK, try again.”
2020 Lucid • Confidential Doesn’t have to be your baby…
FAILED CO
NEW CO
2020 Lucid • Confidential A startup community is judged by “successful failures”
2020 Lucid • Confidential Will being a successful entrepreneur enable me to impact my community positively?
YES.
2020 Lucid • Confidential $119,700,000
Direct Impact2019 Lucidto • Confidential New Orleans Thank you.
Questions?
2020 Lucid • Confidential QUESTION “How much should we prioritize setting up an advisory board?”
2019 Lucid • Confidential QUESTION “What is your top “do-over” that you would take regarding your startup days? ”
2019 Lucid • Confidential