Grand Intercontinental Company Meetings

On the last day of Dr. Kim's trip to Korea (December 9th), he agreed to meet with four of our companies and (and myself) including:

1) Logicplant-Mark Kim

2) Apex CNS-Sungwoo Kim

3) Vanilla Breeze-David Hahn

4) Luxen Technologies-Andy Soh

The meetings took place during the morning at the Grand Intercontinental Hotel in Samsung-dong. The companies were pitching themselves and receiving advice from Dr. Kim.

Dr. Kim plans to return Korea soon and host a workshop at our office aimed towards helping start-up companies achieve the next step in the investing and relationship building process.

Logicplant-Mark Kim

Apex CNS-Sungwoo Kim

Vanilla Breeze-David Hahn

Luxen Technologies-Andy Soh

Dr. Moon Kim Seminar

On Wednesday, December 7th, from 2-4 PM, Dr. Moon Kim came to the Magellan/Venture Port office to give a seminar on 'How to Present to U.S. Venture Capitalists'.

I had met with Dr. Kim several times previously to arrange the event, and the seminar turned out to be a huge success! Representatives from between 30-40 companies attended the event, and everyone involved was very pleased with the result.

Some of the key topics from the seminar were:

• The key 'must have' elements in a pitch
• What VC's need to know
• Which red flags to avoid
• What makes a company successful
• What is an angel investor and why
• VC structure
• VC funding stages
• In the VC meeting
• What do you have (intellectual properties, book keeping certification, etc)
• Practical tips for Korean businesses (do's and don'ts during a VC meeting)
• Future road map
• Getting an expert's help

Dr. Kim met a number of companies during the event, and we are in the process of arranging further 1on1 pitches between him and a number of key companies (including Logicplant, Apex CNS, Humanpass, WE Interactive, Add2Paper, etc) at the Grand Intercontinental Hotel in Samsung-dong where he is staying. The presentations will probably take place during the morning of Friday, December 9th.

Dr. Kim during the lecture

Lecture Audience

Audience

Myself during the lecture

Audience

Dr. Kim

Audience

Seoul Foreign Investment Forum/KT Olleh Venture Awards

On Tuesday December 6th, I attended two events.

The first was the Seoul Foreign Investment Forum held at the Seoul Foreign Correspondents Club on the 18th Floor of the Seoul Press Center in Gwang-Hwa-Moon.

I had helped SBA and the Seoul Government edit some of the English documents and presentations for the event. The event had speakers from the Foreign Investment Ombudsman's Office and the Seoul Global Center. The material of the seminar included Seoul's recent efforts to attract and keep foreign companies in the city. To that end, the Ombudsman's Office had made some significant improvements and solved a number of problems facing foreign companies.

Also, the Seoul Global Center's Director Alan Timblick gave a short speech about the initiatives and programs his office had put in place to help foreign companies grow.

The presentations also covered the three new district building projects: the Yeuido Financial District, Digital Media City, and the Maggok Biotech area. Overall, the event was very informative about Seoul's recent attempts to improve their overall international competitiveness.

Dr. Choong Yong Ahn, Foreign Investment Ombudsman

Dr. Ahn answering a question posed during the Q&A

Portion of the text I helped edit in the Handbook

The Seoul Foreign Investment Forum Handbook

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The next event I attended was the KT Olleh Venture Awards, also in Gwang-hwa-moon. I went there to support Haena Jun of Add2Paper, where she won 2nd place in the competition!

Her idea for her new project called 'Goorum' received 2nd place and 20,000,000 won at the competition.

Ms. Jun explaining the 'Goorum' idea 

Ms. Jun receiving the award from a KT Executive

Ms. Jun and Ms. Sun-hyang Jang of Add2Paper

Closeup

Ms. Jun and myself holding the award

Harbor Pacific-Dr. Moon Kim Meeting

Yesterday, November 30th, I met Dr. Moon Kim of Harbor Pacific at the Grand Intercontinental Hotel in Samsung-dong, Seoul. Dr. Kim is a venture capitalist/CEO/consultant based out of Palo Alto, California.

During the meeting (which included Magellan CEO 인철유), we discussed Dr. Kim's trip to Korea. Dr. Kim is giving lectures and seminars at government functions and universities; the main topic of his seminar is 'How Korean Companies can Receive U.S. Investment'. In Korean:

Silicon Valley Venture Capital등은 창업을도와 성공적으로 길러내어 세계적인 기업으로 성장 시키는 산업 증진에 중요한 역할을한다.. Silicon Valley 의 창업- VC투자 유치로 이어지는 일련의 과정을 통해 한국의 벤처 또는 중소기업이 가 미국의 VC투자 대상으로 선정 되기 위해 갗추어야 할 여러 조건과 미팅 방법, 프레젠테이션 기법, 사업기획서 작성, VC 선정 등의 다양한 정보와 노하우를 IBM에서 28년간 emerging technology 기업 기술개발 담당이었으며 현제 Silicon Valley HPC의 Venture Partner이며 아주대 산업대학원 초빙교수, 발명왕 Moon Kim 박사를 통하여 VC 쎄미나를 합니다.

We presented Dr. Kim with a list of companies who are interested in receiving U.S. investment. Also, we confirmed Dr. Kim's plans to give a lecture at our Nulitkum Square office in Digital Media City.
Dr. Kim will do a seminar at our office on December 7th, at 1 PM. After the hour and a half seminar is finished, he will meet and listen to presentations from some companies 1-on-1. Because not every company will get a chance to present to him after the seminar, he mentioned some companies can come to his hotel on December 8th and 9th to present to him at a conference room there.

Company List given to Dr. Moon Kim