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Mobile Internet SIG: South Korea "The Creative Economy” OR "The Venture Economy?"

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  • Greetings SVForum * Mobile group members and guests:

     

    Topic:  South Korea "The Creative Economy”  OR   "The Venture Economy?"

     …IT APPEARS TO BE BOTH.

    • KOTRA: the Korean trade office invites eight (8) Korean start-up’s to Silicon Valley
    • SAMSUNG Keynote:  Mr. Ted Kim Sr. Director of Business Development, Presentation Title:  Navigating The Org Chart of Samsung
    • 2 Association Announcements:  Leadership from CTIA and MobileMonday SV
    • 8 START UPS:  Korean Company Pitches
    • 8 Minutes Presentations (moderated tightly)
    • 8 Course Korean Meal

    AGENDA:
    6:30pm Arrival, network, Korean Food Buffet
    7:00pm Formal announcements: 2 min/2 slides leadership of CTIA & MobileMonday SV
    7:06pm Samsung Keynote
    7:14pm KOTRA Start Ups (8 entities 8 minute pitches, moderated)
    8:40pm Open moderated dynamic discussion
    9:00pm Adjourn

     

    8 KOREAN COMPANIES PANEL:

    1. OU:  Social dating and matching services    http://www.o-u.co.kr/web
    2. Teracle:  mobile e-learning, CRM   http://teracle.com     
    3. Twinword:  English learning, Human computation    http://www.twinword.com
    4. Wazzlent:  K-POP Dance mobile App developer     http://www.wazzlent.co.kr
    5. NX Device:  Converting 2D into 3D technology, SOIC    http://nxdevice.com
    6. Gomeno:  photo editing sevice using Nano-etching       www.gomemo.net
    7. ICT Lab:  digital security technology    http://www.ictlabkorea.com          
    8. Devclan:  Mobile game developer      www.devclan.org

     

    A FEW KOREAN ECONOMY 2012 FACTS:

    1) USA:   U.S. National Venture Capital Association stated USA venture investing DOWN

    2) South Korea:  Korean Venture Capital Association stated Korean venture investing UP

    3) South Korea outpaced China 4 times in eCommerce sales:  According to Statics Korea, a state-run agency, revenue from South Korea's e-commerce market grew 16% last year to $895 billion, more than four times China's $190 billion in 2012.

     

    THE GOVERNMENTS “CREATIVE ECONOMY” INITIATIVE:

    The new female President of South Korea Ms. Park is instilling a "creative economy" policy initiative, aimed at nurturing startups and reducing the nation's dependence on its old-line manufacturing conglomerates, which accounted for four-fifths of the country's gross domestic product last year.                                                                     

     

    BUSINESS MODEL OBSERVATIONS AND DIFFERENTATORS:

    • Subscription eCommerce model is common in physical and digital goods
    • QR codes are a common advertisement and transaction method
    • NFC method Gov. mandated in consumer handsets for banking and mass transportation

     

    Date:  September 12, 2013  6:30pm to 9:00pm

     

    Location:

    Perkins Cole LLP

    3150 Porter Drive

    Palo Alto, CA 94304-1212

    Food and Drink: 

    Korean food and drink (water, tea, beer, will be catered)

     

    Price:
    No charge for SVForum members

    No charge for KOTRA VIP invites

    $20 at the door for non-SVForum members
    No registration required

     

    8 Company Overviews:

     

    Twinword

    Made to the top 20 on beLaunch 2013          

    Launching V1 of Twinword API for topic detection, category recommendation, and word graphing



     

    Wazzle Entertainment

    Release KPOP dance platform of iOS and Android App

    Investment from a Content Service company

    DevClan

    Awarded the bronze trophy for ‘I am Global Venture Company 2013’ by KOTRA

    Ongoing publishing deal with overseas companies

     

    ICT Lab

    Progressive core business into privacy solutions and knowledge-based e-commerce services

    Position as a professional service provider of Korea Industry, market and stakeholders intelligence, which is rarely covered by others

     

    Teracle

    Developing platform of self-directed learning (elearning)

    E-learning solution of on and offline integration and development progress (LMS)

     

    TionSoft

    Contracted with LG Display for mobile IP messenger and Hyundai Card & Capital for paperless meeting product(s)

    International revenue from China & Japan

     

    Metalphoto

    Contract the construct of big data metalphoto of Tripitaka Koreana for “2013 Tripitaka Koreana Festival”

    Memorial Market * Theme Park

     

    J&P Law Firm

    Venture Consulting, Venture Capital, Venture M&A

    Joint investment with venture capitalists in Korea and the US

    .

     

    Blogs at http://www.myconnectedsociety.com/

     

    Join Us On MeetUp:
    http://www.meetup.com/MobileInternetSIG/

     

     

                                                                                                                                      

     

    Contacts:

     

    Any comments or requests, please contact:

     

    Co-chair

    Joe Jasin        ventures@joejasin.us

     

    Co-chair

    Peter Lam       lamp@me.com

     

     

    Website: http://svforum.org

     

    Noteworthy Events and Resources:

     

    __

    EVENT:  CTIA MOBILCON EVENT:  50 complimentary All-Access Pass

     

    http://ctia.org/conventions_events/mobileCon/

     

    When:  October 16-18, 2013: Conference & Exposition

    Where:  San Jose Convention Center; San Jose, CA

    Register: www.mobilecon2013.com

    SVForum full access Passcode:  SVF50

     

    __

    EVENT:  GMIC Silicon Valley (Global Mobile Internet Conference of Beijing and Silicon Valley)

     

    When:  October 21 to 23, 2013

    Where:  Moscone Center of San Francisco, CA

    Register:  http://sv.thegmic.com/

    SVForum 25% discount Passcode:  SVFORUM

     

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    ENTITY:   KOTRA

    www.kotra.or.kr | www.investkorea.org

     

    Korea Trade Investment Promotion Agency, otherwise known as KOTRA, operates under South Korea's Ministry of Knowledge Economy (MKE), as the national trade and investment promotion organization.  KOTRA is a not-for-profit agency that promotes and facilitates bilateral business relationships between Korea and the world since its foundation in 1962

    Agenda:

    6:30pm - 7:00pm - Registration & Networking

    7:00pm - 8:30pm - Presentations