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Ep 77: Founding Two 7-figure Businesses & Launching the First Venture DAO for Women | Lily Wu (Startup Partner Lead, SEA & Co-Founder, WOW Pixies NFT)

Ep 77: Founding Two 7-figure Businesses & Launching the First Venture DAO for Women | Lily Wu (Startup Partner Lead, SEA & Co-Founder, WOW Pixies NFT)

FromSo This Is My Why


Ep 77: Founding Two 7-figure Businesses & Launching the First Venture DAO for Women | Lily Wu (Startup Partner Lead, SEA & Co-Founder, WOW Pixies NFT)

FromSo This Is My Why

ratings:
Length:
93 minutes
Released:
Mar 28, 2022
Format:
Podcast episode

Description

Welcome to the 3rd guest in STIMY’s NFT/Web3 series!Lily Wu is currently the Startup Partner Lead, SEA at Stripe and co-founder of WOW Pixies, the first DAO to invest in the women-led web3 ecosystem. DAO stands for decentralised autonomous organisation where rather than decision making being centred at the very top, that decision making power is given away to everyone (aka all WOW Pixies NFT holders). Which is something that is being made possible in the Web3 world.But how did Lily get into the world of NFTs and DAOs? Well, Lily has her grounding in the startup world. When she was 16, she founded her first startup - and ended up making half a million dollars selling shoes.At age 19, she started her second business in the education space, Austern International, which ended up generating over 7-figures in revenue with over 1,000 students attending physical Career Bootcamps in New York, Singapore, Shanghai, Hong Kong, Sydney and Melbourne.Thereafter, she became the Head of Programs for NewCampus, a Series A edutech startup based in Singapore before joining Stripe as the Startup Partner Lead. She is the founding ambassador of Future Females Singapore, a global organisation dedicated to helping female entrepreneurs get the resources and connections. To learn about all things startups, growth hacking, NFTs, DAOs and what it means to be part of groupHUG - an NFT accelerator co-founded by Randi Zuckerberg & Debbie Soon, then listen on!Highlights:3:56 Being taught by her parents to not ask for permission, ask for forgiveness6:15 How being left with $100, led to Lily starting her first startup at the age of 168:19 Adidas Jeremy Scott wing shoes and the power of arbitrage12:00 Spreading by word of mouth15:43 Accounting20:27 Finding her own internship in China (and getting 20 friends to do the same for $2000!)25:06 Having the police called on her28:47 Starting Austern International30:11 Building the curriculum at Austern International34:42 Helping Uber launch Uber Eats36:50 Marketing Austern International42:39 Working at New Campus47:48 Becoming Startup Partner Lead at Stripe50:44 What is an NFT?55:04 WOW Pixies as a Venture DAO56:55 Investing in women-led NFT projects1:03:12 Decision-making process at WOW Pixies1:06:29 Marketing efforts for WOW Pixies, which sold out in 5 days1:08:37 The “thunderclap”1:11:26 Roadmap for WOW Pixies1:21:25 Metrics of success1:23:41 How to invest in NFT projects?Show notes: www.sothisismywhy.com/77                    ? Sign up for the weekly STIMY newsletter: https://sothisismywhy.ck.page/ebf231f605 ? Patreon: https://www.patreon.com/sothisismywhy 
Released:
Mar 28, 2022
Format:
Podcast episode

Titles in the series (100)

A podcast featuring inspiring people about their journey to discovering and living their "WHY" or purpose in life. With your host & producer, Ling Yah, we deep dive into everything from finances to dealing with doubts and setbacks, and how to forge an unconventional career from ground zero! Expect to hear from entrepreneurs, artists, journalists, musicians, Hollywood actresses, VC founders and more. Visit www.sothisismywhy.com for more details!