Complex sentence: In 2001, Spivack began work on his own intellectual property incubator, Lucid Ventures, which led to the founding of Radar Networks in 2003.
Split into simpler sentences: In 2001, Spivack began work on his own intellectual property incubator, Lucid Ventures. Lucid ventures incubated the research and development that led to the founding of Radar Networks in 2003.