Scaling AI and Monetizing Content with Lucy Guo and Roland Frasier

In this Business Lunch podcast episode, Roland Frasier welcomes Lucy Guo, the co-founder of artificial intelligence firm Scale API and venture capital firm Backstage Capital. Lucy discusses her journey as an entrepreneur, from selling Pokemon cards and colored pencils in kindergarten to creating bots and marketing tools in college. She also talks about her experiences interning at Facebook and being the first female designer at SNAP. Lucy also shares her recent venture, Passes, a web3 platform for creators to monetize their content and own their fans, which raised $8 million in May 2022. 

KEY MOMENTS:

00:00:49 - Lucy’s entrepreneurial journey (selling Pokemon cards!)

01:52 - Working on Facebook

04:56 - What is Lucy Guo’s experience with Y Combinator?

07:23 - Lucy Guo thinks this is the best way to raise funds

12:18 - Lucy’s investments

18:16 - Lucy’s new venture: Passes!

21:17 - What’s Lucy’s advice for those people pursuing ideal NFT designs?

25:48 - Roland Frasier: Why would you go out and take money from somebody else versus funding yourself?

LINKS AND RESOURCES:

Ask Roland and Ryan a question HERE.

RESOURCES:

7 Steps to Scalable workbookGet my book, Zero Down, FREE

Connect with Lucy Guo:

Instagram: @guoforit

Twitter: @lucy_guo

LinkedIn: https://www.linkedin.com/in/lucy-guo-a7804955/ 

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