Lumos House

A CEO chose temporary pay cuts over layoffs during COVID. The result? His entire team stayed intact. And they came out stronger. "Once people feel like you're cutting some loose, everyone feels dispensable. They start looking for jobs... layoffs are very toxic." Rajat Suri dropping truth bombs at Lumos House during SF Tech Week 🎯

We just wrapped up Lumos House in San Francisco and Los Angeles. 1,000+ founders, investors, and creators in attendance – representing >$500M in capital raised and thousands of employees from our personal networks. I'm so incredibly grateful for everyone who helped make it special. We hosted CEO dinners with Sunset, creator events with Whop, and even a fireside chat with the Co-founder of Lyft and Presto. 3 principles to our success: 1 - We built the experience that we wanted to attend as founders and investors. Stuffy, overly-engineered conferences are boring. We opted for a unique venue (Bel Air mansion in LA; Townhouse in SF), people-first activities, entertainment, music, great food - the works! We wanted to create an experience driven by traditional hospitality principles - elegance, customer experience, and service. 2 - Curation is the name of the game. Though we had over 4,000 applicants for both Lumos House events, our team personally went through the list and vetted every single person. Beyond meeting the objective business criteria, we asked questions in the application form that screened for Lumos House values such as kindness, openness, and collaboration. 3 - Our ethos. Though Lumos House can be categorized as a "networking" event, we encouraged people to expand their conversation topics beyond tech, business, and work. We hosted a "Magic of Human Connection" workshop with Jessica during one of the days with a focus on connecting with others as humans - going beyond the transactional nature of most industry events. This is what Lumos House has always been about. We aspire to create a space for the most ambitious people in business, tech, and media to connect and collaborate. THANK YOU to everyone for being a part of Lumos House. - To the core team: Jacob, Matei, Bogdan, Eitan, Bartu - To our sponsors and partners: Whop, Sunset - To our speakers and programming partners: Rajat Suri, Hari Arul, Umesh Khanna, Jessica Encell Coleman, Sigurdur Arnason, Ronak Shah, Suffiyan Malik, Julia Prakapovich, Kayla Kavanaugh - To our volunteers: Dave, Jeston, Astha, Aayushi, Shriyanshi, Fatima Btw, we've already started planning something epic for 2025... If you'd like to follow along - follow me Andrew Yeung and Lumos House.

Absolutely blown away by Andrew Yeung ‘s Lumos House LA edition. Seeing the Whop logo brought me to tears of joy! Nothing cooler than seeing likeminded people creating spaces for meaningful connections! Can’t wait to show Whop creators what Andrew has formed in Beverly Hills. Bear M. Thanks for making this happen! 🚀

WE’RE COMING TO LA! After a few days in San Francisco, we’re heading to Los Angeles today to launch Lumos House in a ridiculous mansion. We’ll be around for a few days to host a series of panels, dinners, and parties for #TechWeek. Hit me up if you’re in town! P.S. sharing my observations on the tech scene in SF shortly. We saw wild things.

I interviewed the Co-founder of Lyft & Presto yesterday at Lumos House. We discussed: - How to know if your product ideas are good - Finding your 1st customer - Mistakes founders make when fundraising - How to build a company with solid business fundamentals - How to hire (what Qs to ask) - Surviving near-death moments Thank you to 100+ founders and CEOs for coming out to the talk. Btw, we recorded the WHOLE thing. Want first dibs? Follow me here at Andrew Yeung (turn notifs on) to be the first to know.

I'm speaking at a Lumos House fireside chat on Oct 13. It's called "Betting On Yourself - Escaping the 9-5 to Build a 7-figure Business" Back when I worked at Google/Meta, I wished there were resources for me to learn the "entrepreneurship" thing. Now there is! We'll discuss: - Tactics to balance both the side hustle and main hustle thing - Things to avoid as a 1st time entrepreneur - The power of building a personal brand - Whether to bootstrap or raise capital - How to make your first $100k I'll be joined by Jacob Solano (Moderator) and Matei Psatta. It'll be cosy and intimate. RSVP here: https://lu.ma/betting

Lumos House kicks off tonight with our opening party. We've invited 50 founders, investors, and creators to come hang... if you're coming - make sure to say hi to me, Bogdan or Matei! Who's coming? - 70% CEOs, Founders, and C-suite leaders at early-stage startups - 20% General Partners and Investors at VC funds like SoftBank Group Corp., Menlo Ventures, Pear VC, and SignalFire - 10% Professionals at companies like McKinsey & Company, United States Department of Defense, Harvard University, Notion, Figma What else to expect: - Cocktails and bevs throughout the night - Sunset views on our patio overlooking SF - A sneak peek at what Blindspot is launching 👀 - A curated crowd of awesome people - Pool, poker, and other games See you soon!

SEE YOU SOON!

We're ecstatic to kick off Lumos House tomorrow. I’ll be in SF + LA with the Lumos squad: Jacob, Bogdan, Matei, Eitan, Bartu from Oct 9-18. If you see us, say hello! And a big thank you to our awesome sponsors: Sunset and Whop for being a part of our Lumos House West Coast launch. More on them below: Sunset helps startups shut down. Their team has helped hundreds of companies navigate all the legal, tax, and operational burdens when winding-down a company — making sure founders and investors avoid penalties, reduce liabilities, and immediately move on to what's next. If you’re interested in learning more about how they can help, feel free to schedule some time with their team here. Whop is revolutionizing how people make money on the internet through its new economy. Whop gives entrepreneurs everything they need to monetize their idea — including product templates, payment acceptance, peer-to-peer messaging, and a store builder — so they can share their offerings, connect with an audience, and make money in minutes. Thousands of creators use Whop as the go-to marketplace to deliver value to millions of people throughout the world, enabling these creators to earn almost half a billion dollars in revenue per year. cc: Brendan, Grey, Bear, John

T-MINUS 2 days until Lumos House comes to San Francisco (Oct 10-13) and Los Angeles (Oct 15-17). Lumos House is a series of events — dinners, fireside chats, and parties — all taking place in a private house. We launched in New York, Miami, and Austin earlier this year, and are now coming to the west coast! What begin as a small side project by me, Bogdan, and Matei has grown into a community of over 1,000 attendees across three cities. See you soon, California!