케이큐브미디어키트 2013.3월호 영문판 (K CUBE MEDIA KIT_MAR,2013_ver.English)

2013.03 MEDIA KIT

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PR Manager Vaness Kim

Office 82-2-6243-0302 Fax 82-2-562-8967 E-mail [email protected] Address 4F C&K BD, 726-2, Yeoksam-dong, Gangnam-gu, Seoul, Korea, 135-080

CONTENTS 2013.03 MEDIA KIT

K CUBE VENTURES ORIGINS

FOUNDERS

What is most needed in Korean startup ecosystem?

K Cube Ventures started with this question and realized Korea still lacks early stage investment and mentorship in software industry. We know early stage companies need more than money. So we founded an early stage VC in April 2012 to solve this problem. The firm was founded by the innovative icon, Brian Kim, founder and chairman of KAKAO, and Jimmy Rim, who funded many internet, mobile, game companies like ANIPANG and led them to a huge success. K Cube Ventures usually invests KRW 100M to 1B and focuses on internet, mobile, gaming and tech companies. Also, to better support early stage companies, our firm created an unique “family culture” that promotes vigorous networking among K Cube portfolios and build a community of entrepreneurs who inspire, support and educate each other.

07 08

@profound

Present Chairman, KAKAO Chairman, PODOTREE

Past

Founder & CEO of NHN, Hangame Seoul National University (BS, MS)

Brian Kim Chairman of board

@jimmyrim

Past Principal, Softbank Ventures Consultant, The Boston Consulting Group Strategic Manager, NHN KAIST (BS)

Jimmy Rim Founder & CEO

K CUBE VENTURES K CUBE VENTURES

CEO’S SIGNATURE DEALS

TEAM

Historic mobile game, ANIPANG

• Mobile game that gained nation-wide popularity and recorded historic performance (20M+ downloads, 10M+ DAU, 3M concurrent users, Daily revenue 300M+ KRW)

09 10

[email protected] Past

Corporate strategy. CJ holdings (`11-`12) Growth strategy, SK Communications(`05-`10) Co-founder. Ideaworks (`04-`05) Virtualtek, SW engineer (‘99-’02) Seoul National University (BS)

Jun Kim, Senior Associate

K CUBE VENTURES K CUBE VENTURES

Successful IPOs

• KINX (Internet Infra) • HANTEC ENGINEERING (Energy) • Cheoum&C (B2B E-commerce)

Successful M&A

• Lotiple (Realtime discount coupon service)

Promising Companies

• Dadam Games (game) • Doobic (game) • NGINE studio (game) • NBIZ (Online ad platform) and many others

[email protected]

Past M&A department. STX(`11-`12) Airforce officer (’08-’10)

Dongpyo Lee, Associate

[email protected]

Past Wonik Investment Partners (`99-`12) Hangil Banking Corporation (`92-`97)

Rosie Yoon, Admin team lead

*Deals described here are past success stories before Jimmy founded K Cube Ventures

K CUBE FAMILY K Cube Portfolios

FROGRAMS

CEO Taehoon Park (CS, KAIST, NEXON) CTO Kyungyoon Oh (CS, KAIST, Gold medal in International Olympiad in Informatics, ACM-ICPC world finalist) Choongjae Lee (CS, POSTECH, ACM-ICPC Asia finalist) Haneul Choi (CS, POSTECH, DEFCON 3rd place)

11 12 K CUBE VENTURES K CUBE VENTURES

FOUNDERS

Invested KRW 800M. Utilizing personalization and automation technology, ‘Watcha!’, the movie recommending service launched in August 2012 and the number of movie ratings surpassed that of big portals and reached 8 million by March 2013. (Naver has 6 million, Daum has 1 million movie ratings) Frograms awarded GOLD prize at ‘Global K Startup 2012’, which was hosted by Google and Korea Communications Commission. Watcha’s mobile application soon to be launched in May. URL : frograms.com

SERVICE

WISHLINK

CEO Minwook Kim (head of Commerce, NHN) CTO Cheonjoo Sheo (head of engineering team at 11st, Daum shopping)

FOUNDERS

Invested KRW 500M. Launched ‘KAKAO STYLE’, mobile shopping-advertisement platform and catalogic fashion service in September 2012. Currently Kakao style holds 70K items and more than 100 e-commerce sites are registered. URL : wishlink.net

SERVICE

MVERSE

CEO Sean Joo (CS, KAIST, top graduate, consultant at Bain & company) CDO Teaeun Kim (Industrial Design, KAIST, Awarded Reddot design award)


FOUNDERS

Invested KRW 100M. Launched MNOP designs to provide best experiences in mobile commerce. (Slick UX/UI, curation, story based commerce) Started with design products, preparing category expansion. URL : mverse.co.kr

SERVICE

GREEN MONSTER

CEO Jisoo Ha (Venture capitalist in Asia Investment) CTO Changwoo Lee (Engineering head of Thepot), CDO Changhyun Lee(Design head of Thepot)

FOUNDERS

Invested KRW 470M. Launched ‘Flava’, a personal life log service specialized in beautiful and emotional mobile UX/UI. ‘Flava’ currently has 1M+ downloads and was picked by editors at appstore in 70+ countries. URL : greenmon.net

SERVICE

VINGLE

Serial entrepreneur & married couple who led Viki.com to a success. CEO Jiwon Moon (MA, Education, Harvard) COO Changsung Ho (EE, Seoul National University, Stanford MBA)


FOUNDERS

Invested USD 450K. Launched an interest-based social media ‘Vingle’ in 2012 and monthly active user surpassed 1 million. A truly global service that is gaining traction in the US, Germany, Southeast Asia etc. Android mobile app released in March 2013. URL : vingle.net

SERVICE

KIDS NOTE

CEO Jangwook Choi (Engineer, AhnLab, founded Volt before) CEO Junyoung Kim (Sales Rep, AhnLab)

FOUNDERS

Invested KRW 300M. Launched a communication platform for nursery/kindergarten. Teachers can send child’s pictures and communicate with parents via “Kidsnote” application. More than 2,500 nursery/kindergarten registered. Record high retention attained. URL : kidsnote.com

SERVICE

FINCON

Key members who developed MMORPG C9, which was awarded the GRAND PRIZE at ‘the best Korean Game’ in 2009, formed a team to develop a world class mobile RPG CEO Chunggil Yu (PD ,C9) Junghyun Kim (Client lead, C9) Jaeyoung Kim (Server lead, C9) Sunghwan Kim (Character lead, C9), Kiyoung Nam (Team lead, Webzen)


FOUNDERS

Invested KRW 350M. Launched its mobile RPG “Hello Hero” in February 2013 and created a great sensation in gaming industry thanks to its high quality. Enjoying TOP 5 in gross revenue ranking at both markets (Google Play, Apple appstore) URL : fincon.co.kr

SERVICE

BITAVE LAB

CEO Mingook Kim (Consultant at Boston Consulting Group, Wharton MBA) CTO Hyuntaek Young (CS, POSTECH, Neowiz, KOSCOM) CDO Jinsung Kim (KAKAO)

FOUNDERS

Invested KRW 300M. Launched ‘SocialKlass’, word-of-mouth marketing platform in 2012. Gained market insight in social media and user interactions and will launch a new social based commerce service soon. URL : bitave.com

SERVICE

NEPTUNE

CEO Wook Jung (Hangame, CEO) CTO Sanghoon Kwon (NHN Japan) COO Hansang Cho (Hangame, COO)


FOUNDERS

Invested KRW 500M. A baseball simulation game ‘Nexon Pro Baseball Master’ was released in October 2012. Also, Neptune released a serial baseball game for Kakao in Feb 2013. URL : neptunegames.co.kr

SERVICE

DRYAD

CEO Youngjo Seo (Daum Mobile game PD) CTO Seongjoo Kim (Flowgames CTO ) PD Jungdae Lee (Daum Mobile game PD)

FOUNDERS

Invested 500K. Dryad, a game company founded in May 2012 plans to debut its mobile game that combines RPG and TCG. Its goal is to develop a Korean TCG-type that reflects the tastes of domestic users differentiated from Japanese TCGs which are gaining popularity URL : dryadgames.com

SERVICE

DUNAMU

CEO Cheehyung Song (Bachelor of CE/Master of Economics, Seoul National University, previously worked at Danal, Artpoli) CEO Haeil Lee (BS/MS, Seoul National University, Designed Shinhan Global Banking System)


FOUNDERS

Invested KRW 200M. Launched a news service ‘newsmate’ that analyzes popular news in social media and delivers it to uses. Available both as online and mobile service. URL : dunamu.com

SERVICE

PERFECT SUNDAY

Serial entrepreneur who founded Bebetown and got acquired by Edutopia. CEO Shinyoung Park (Industrial Design, KAIST, Bebetown, SKT, Funji)

FOUNDER

Invested USD 100K. Perfect Sunday is located in Silicon Valley that services ‘lovelylovely.me’, a jewelry commerce site. Plans to positively cooperate with domestic designers to sell Korean ingenious items globally. URL : perfectsunday.co

SERVICE


Family day is a monthly CXO gathering among K Cube Ventures’ portfolios. Management team of K Cube portfolios share their own expertise, experience etc. and has built a trusted network. Also K Cube invites legendary figures in Korean IT industry to deliver a speech to K Cube portfolios.

FAMILY DAY NETWORKING KNOWLEDGE SHARING

Source Fortune Korea

K Cube Ventures provides an online/mobile knowledge sharing platform to our portfolios where they can ask questions, share content and learn from each other, so better decisions get made faster.

Online and mobile platform where K Cube Family and K Cube ventures communicate 24/7


Having broad human network in Korea and globally, K Cube Ventures provides business development opportunities to its portfolios.

BIZ DEVELOPMENT INCUBATING FRIENDS PROGRAM

Source TYPE MAGAZINE

K Cube Ventures also runs an incubating program to build a healthier startup ecosystem. Selected engineers/designers can freely utilize office space and infrastructure and get mentored by K Cube Ventures. Hackathon held regularly.


K Cube Ventures regularly holds open conferences to foster entrepreneurship and share knowledge to Korean startups.

K CUBE SESSION & CONFERENCE


We invest in internet, mobile, game and tech-based companies because we believe we should invest in areas we know well to help portfolios.

FAQs

1. Investment Areas

We fund companies at extremely early stage (even before the company is established) All needed is GREAT TEAM with GREAT VISION.

2. Investment Stage

Although it’s case by case, we usually fund USD 100K to 1M

3. Investment Amount

We put great emphasis on team. Also we love companies who try to solve a real problem rather than presenting buzz words. We love pain-killer product/services.

4. What we look for

Money is the smallest part. We actively support our portfolios by providing great network, business development opportunities etc. But mostly, the biggest advantage of being a K Cube portfolio would be being a part of K Cube Family, a trusted network that helps each other very actively.

5. How we Help

Our fund has a relatively long life time (7-9 years) We expect our portfolios will have a chance to IPO or get acquired within that timeframe.

6. How we Exit

K Cube Ventures wants to become the first investment partner whenever an A-class entrepreneur considers a startup. Also through our disruptive activities as a VC, we hope we will foster entrepreneurship in Korea and bring great products, services, technology globally.

7. Our Goal

Documents

케이큐브미디어키트 2013.3월호 영문판 (K CUBE MEDIA KIT_MAR,2013_ver.English)