Angry, many many companies come from Korea, and organizations give them tours, but almost all investing companies don’t invest in themThere are only a few companies in Silicon Valley that have a history of investing in Korean companiesKorean companies come over here, hire marketing people, schedule meetings, and work very hard, but they don’t seem to get anything out of it, they are not successfulHe says Korean companies have to be very cautious when entering the U.S.Companies that have Korean Americans or Americans coming from Korea have a better chance to succeed, because they are more cautious and prepared
Koreans provide too much info because they don’t know how to give a presentation.The biggest thing is marketing, they are marketing themselves every second of their meeting, they have to understand VCs are not interested in reading about their company history or company timelineThey only have about 30 minutes to make a successful relationship
David Lee-Create something cool, something interestingPeople can look at and say ‘wow, huh, this is interesting’-Don’t worry as much about this market, that market, how are we going to build a user base-Boil’s down to ‘huh, that’s interesting
Transcript of "A Tale of 5 Investors pt. 2"
A Tale of Five Investors Jay Eum • Few investments in Korean companies • Caution • Knowledgeable peopleCopyright @Ryan Huddleston, http://ryanceoseminar.blogspot.com
A Tale of Five Investors Perry Ha • Too much written info on slides • Marketing themselves every second • 30 minutes to make a relationshipCopyright @Ryan Huddleston, http://ryanceoseminar.blogspot.com
A Tale of Five Investors David Lee • See tons of startups and ideas every day • Create something cool • Attention grabbing • Just an intro videoCopyright @Ryan Huddleston, http://ryanceoseminar.blogspot.com