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Lessons from a lifetime entrepreneur with Eric Ly from KarmaCheck

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…

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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

Found posts every Tuesday. Subscribe on Apple () , Spotify () or wherever you listen to podcasts () to be alerted when new episodes drop. Check out the other TechCrunch podcast: Equity () .

 

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April 21, 2026

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A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.”

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Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit.

Irina Anghel explains.
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Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday.
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