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Corey Egan’s ilumi journey from crowdsourcing launch to Shark Tank / Mark Cuban investment to new IoT platform
May 17, 2017 @ 5:30 pm - 8:30 pm| $20 - $75
Corey Egan is Co-Founder and CEO of ilumi, named one of Entrepreneur magazine’s most brilliant companies. Starting with an idea for smart LED lighting that won the UTD Business Idea competition in 2010, Mr. Egan raised over $575k in preorders via crowdfunding and received an investment from Mark Cuban on ABC’s Shark Tank. Come hear Mr. Egan discuss those successes, along with numerous challenges including managing hardware production in China, securing retail distribution, and striving for growth and profitability in a competitive space. Finally, Mr. Egan will discuss ilumi’s plans to break out of the low-margin hardware space through development of a Bluetooth mesh connectivity platform that is generating substantial interest among IoT device manufacturers.