• Lessons from a lifetime entrepreneur with Eric Ly from KarmaCheck

  • Aug 27 2024
  • Length: 38 mins
  • Podcast

Lessons from a lifetime entrepreneur with Eric Ly from KarmaCheck

  • Summary

  • It’s not every week that Becca and Dom get to talk to a founder who has been building companies for the past 22 years. This week on Found, we’re joined by Eric Ly, co-founder of LinkedIn and the current co-founder and CEO of KarmaCheck startup that is making the background check process quicker and more transparent. Ly discusses his vision for streamlining background checks, the challenges of building multiple companies, and how his entrepreneurial mindset has evolved since the early days of the internet. You’ll learn about the future of online trust and the potential impact of blockchain technology on identity verification.

    00:00 - Introduction and Two Truths and a Lie

    02:00 - Introducing Karma Check: Background Checks Reimagined

    05:00 - The Evolution of Background Checks

    08:00 - Automating and Streamlining the Process

    12:00 - Demand for Faster Background Checks in the Job Market

    15:00 - Eric Ly's Entrepreneurial Journey

    18:00 - The Changing Landscape of Venture Capital

    21:00 - Leadership Evolution and Building Company Culture

    23:00 - Entrepreneurial Mishaps and Lessons Learned

    27:00 - Growing Up in Silicon Valley 29:00 - Navigating Market Cycles and Hype

    31:00 - Future Possibilities: Blockchain and Digital Identity

    33:00 - Conclusion and Wrap-up

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