Starting a business in Silicon Valley with 5-mil won | Fountain Representative Kibaek Ryu [Real Valley Season 2 EP 12]



In Silicon Valley, where the monthly rent for one room is 2.5 to 3 million won,
someone started a company with 5 million won a few years ago and now has about 50 people.
This person is Kibaek Ryu, the CEO of Fountain, who was recently selected as the most influential person under 30 by Forbes.

When we talk about startup methodologies in Silicon Valley, we often talk about ways to grow by validating hypotheses in small, small and efficient ways, such as Growth Hacking and Lean Startup.

Kibaek Ryu, CEO, is starting a business and growing in a way that he puts everything he believes in.
I think each entrepreneur is very different.
He said he didn't even know the price of Silicon Valley and jumped in thinking that 5 million won would be enough.

Please have fun-!

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[View by topic]
00:00 Intro
00:39 About Fountain
01:16 Startup opportunity
02:13 Long-Term Mission
03:19 Early stage of business
05:13 Stance to deal with situations that change every year
08:06 Advantages of Silicon Valley
08:48 Tips for getting good investments
09:51 Disadvantages of Silicon Valley
10:40 Should I start a business in Silicon Valley?