PARTING THOUGHTS FOR KOREAN-AMERICAN ENTREPRENEURS

Perry HaKSEA Technology Entrepreneurship Seminar

June 1-2, 2013

Resource is all around you

Resource is all around youInnovation occurs in the white

space

Resource is all around youInnovation occurs in the white

space새옹지마 ( 塞翁之馬 )

COLO.COM

$1.5MM Series A in 8/1998$10MM Series B in 4/1999$20MM Series C in 12/1999$300MM High Yield Debt in 1/2000$200MM Series D in 3/2000

COLO.COM

A $530MM Hard Hat!

COLO.COM

My Recommendations

1. “Learn about the VC process”

– Sun Tzu

Do you speak the VC lingo: Series alphabets, pre-money, post-money?

Did you know most VCs don’t have the time to review new investments?

Did you know VCs used to be intelligent and nice folks?

2. Avoid the herd

Last Year:

• Angels invested over $20B in 55,000 companies

• VCs invested $26.5B in 3,698 companies

3. Differentiate Yourself

Differentiate Yourself

Differentiate Your Company

but not blindly!