Caryn Seidman-Becker: Becoming Indefatigable | E23

In Search Of Excellence · Jul 5, 2022 · 1h 15m · transcript

In 2002 Caryn Seidman-Becker created and ran a successful hedge fund that ultimately grew to $1.5 billion assets - an amount that was unheard of for a woman to manage at the time. When the financial crisis hit in 2008, Caryn - like thousands of other funds - closed her fund. She loved managing money, but decided to do something different - buy an airport-focused biometric-identity company that had raised $90 million and had filed for bankruptcy. She bid $5.87 million at the bankruptcy option, renamed the company CLEAR, raised $150 million in capital from various investors including Delta…