2. Founder of Disrupt Corp. We re-imagine content for digital. We started by killing the e-magazine. Technology partner to SPACE Group, one of Korea’s oldest & most prestigious architectural firms. Funded by Gangwon Technology Holdings and private individual investors. We’re hiring. Previously Director at Zenitum, the augmented reality & computer vision research lab Founded Wetoku.com Co-founded Avenir, which built a barter exchange platform used by GE, Westinghouse, Siemens, etc.
4. We’re launching our first public preview for iPad, iPhone and iPod very soon. Please follow us on Twitter. @spaceforipad
5. Where does a masseuse become a millionaire by giving 40 people massages?
6. 1,000 Google employees worth over $5 million 10,000 Microsoft employees became millionaires 700 Facebook employees are estimated to become millionaires if (when?) they IPO How many from PayPal, eBay, Skype, LinkedIn?
7. 16.6X Greater chance of making bank in the U.S.? 4.00% of Americans are millionaires Consumer Federation of America & Providian Financial 0.24% of Koreans are millionaires Asia-Pacific Wealth Report, Merrill Lynch & Capgemini
8. Do we have less talent? Less ability? No, Korea’s young people are full of talent and ability!
9. Is our government less friendly to ‘the next Facebook’? No, South Korea’s government does better than both Japan and Taiwan when it comes to business-throttling regulations; and there is abundant government funding available to technology companies, according to the World Bank.
10. “The real obstacle to enterprise is a society that urges its best young minds to aim low.” Young, Gifted & Blocked Korea needs fewer wage slaves and more entrepreneurs May 12, 2011
11. What’s wrong with upper-middle class? For most people? Nothing. In Korea, that’s $60,000 to $120,000 (maybe more…) per year plus special standing in the social pecking order. But ask yourself, and think carefully before answering… are you most people?
12. If you want more… Time to take a leap? Start your own venture perhaps? Like Mark. Or Larry & Sergey before him. Or Steve before them. Or Bill before him.
13. Aren’t ready for that yet? Get in early at one of the great startups right here in Korea! Like 10,000 Microsoft millionaires, 1,000 Google millionaires, 700 soon-to-be Facebook millionaires…
14. What can you expect as an early team member of a startup? Get exposed to a lot of responsibility, faster than you would at one of our country’s conglomerates. If you’re cream-of-the-crop talent, the compensation is great, with awesome team culture, and the upside is HUGE!
15. What if the startup fails? You’re young. You’ll find another gig, and your compensation probably will be better than if you had taken the path most chosen… because you’ll have amassed tangible skills and intangible experiences that would have otherwise been out of reach.
16. “The real obstacle to enterprise [in Korea] is a society that urges its best young minds to aim low.” Young, Gifted & Blocked Korea needs fewer wage slaves and more entrepreneurs May 12, 2011