*Update: CLEAR’s market cap has grown $1.6B since the interview was filmed.
You probably know CLEAR as the company that helps you skip the security line at the airport. But according to Chair and CEO Caryn Seidman Becker, that was just the beginning.
In this interview with Forbes’ Assistant Managing Editor Katharine Schwab, Seidman Becker reveals how she bought a bankrupt startup for $6 million and transformed it into a $7.6 billion secure identity empire. From replacing your everyday passwords with your face, to revolutionizing hospital check-ins and stopping Medicare fraud, CLEAR’s vision is to let you “enroll once, and use everywhere.”
Seidman Becker breaks down the wild story of the 2010 bankruptcy auction, explains why she doesn’t see the TSA as a competitor, and shares her ultimate travel hacks for stress-free flying.
0:00 The $7.6 Billion Vision: Why CLEAR Is Moving Beyond Airports
3:32 Healthcare & Medicare: Why Your Face Will Replace Passwords
11:07 From Wall Street To CEO: Buying A Bankrupt Company For $6M
20:22 TSA, PreCheck, & The Power Of Government Partnerships
28:44 The Future Of E-Gates: Facial Recognition At Stadiums & Offices
30:35 A Travel Tech CEO’s Best Hacks For Less Stressful Flying
Read the full story on Forbes:
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