Closing the door at Yale

December 13, 2013

I really liked one of my fellows at Yale put her experience in this metaphor saying “snake who just ate elephant.” I totally agree with that as I have a lot to digest. Past few months at Yale was such a positive experience. I learned a lot and met many interesting new friends who shared their lives. My purpose to mingle with non-tech and non-venture people over the past one year worked out really well. Now, I am ready to go back what I love to do. I don’t know exactly where my life will take me to, however, I am more open to new ideas and perspectives beyond Silicon Valley and beyond the world of ventures.


Recent Updates – July 2013

July 4, 2013

I’ve been quiet over months here. There are changes. I want to briefly communicate what I’ve been up to.

  • Completed my executive master’s degree at Stern School of Business, New York University in May ‘13
  • Selected as an Yale World Fellow ’13 and starting a semester-long residence in New Haven, CT, this fall
  • Currently working with Korea Telecom for full-time mainly overseeing the global venture capital program

As some of you’ve noted, I have not been taking new investments/projects lately. One goal over the past year was mingling with non-tech and non-venture community. Why? After spending a decade in this high tech investments, I sort of want to have refreshment and enjoy time being away. Though, I plan to get back to what I love to do soon.

Until I make further notice, please, be tuned. I have a bunch of interesting new feeds that I want to share.

Buy iPad Mini @ 2:00 AM?

November 23, 2012

Recent trip to New York City was fruitful. Hurricane Sandy, snow storm, Presidential Election. and so on. It was eventful. I get to travel to NYC often but this time I extended my trip to attend the class at Stern-NYU.

I was hoping to find an eBook device. I read occasionally. Maybe 7-8 books if I have time. However, accessing certain books at the local book store can be painful. Downloading a book at one snap is a definitely compelling value proposition.

So, I was testing out top of the line mini tablets on the fleet. Kindle, Nexus 7, and iPad Mini were on my test-run list. Usual suspects! Their form factors were great and they offered their own attributes. I personally liked iPad Mini best. That was most comfortable to carry around with its thinnest uni-body design. Though, ultra network-ability over 3G/4G network with a reasonable price tag, Nexus 7 (the new one with HSPA+) looked outstanding. I’ve also invested quite a bit on the Android universe, so it should be easy to migrate. Kindle Paper-white was stress-free and easy on eyes. Superb battery life is a big plus, too. However, I just don’t get it this e-ink device with flickering whenever I switch between pages. It is my personal opinion.

So, did I buy it? Not yet.

5th Ave Apple Store in New York opens 24 hours. Yeah, 24 hours! This city never sleeps. I myself came to this store once again before my early morning flight. I just decided to stick to my Kindle application on my ASUS laptop. However, if LTE-version iPad Mini is widely available on my carriers in Korea and the U.S. I probably get one, too. Tablet without 3G/4G looks dull to me. If I have to get on hot-spot every single time to use my tablets, that’s a pain. I probably stick to my light-weight notebook PC for a while. Yeah, I’m still quite old school. But, ASUS makes pretty good stuff. I love this 11 hour battery power with lowest energy consumption-ever. By the way, ASUS makes Nexus 7, too, which is pleasant to find out their product extensions from cheap netbook to mass-market appealing solid Android tablet.

Well, no iPad Mini on my hand yet, but you know what? Hot dog was great. There were several carts outside of 5th Ave. Apple Store. They also open 24 hours for late night shoppers like me. Well, good exchange.

Noble Ambition
It is my personal opinion. My postings are often written on my tiny mobile device like BlackBerry. So, please, bear with me for any typo or grammatical error.

Knowledge Cross Road

October 30, 2012

As some of you may recall, I’m currently pursuing my executive master’s degree at the Stern of School Business, New York University. It was sort of last minute decision, but overall experience is quite positive so far. We have class every the other months and meet in New York, Hong Kong, and Amsterdam.

Given format of classes is designed for working professional whose average age is early-mid forties with 15+ years of professional experiences. It is practical but also it has good academic balance. Top-notch finance faculty such as Ed Altman and Robert Engle are good examples who bring academic rigor to the class.

I am currently reading bankruptcy and reorganization cases to prepare for our 3rd module that starts in a week in New York. Quite scary as in it is right after Franken-storm Hurricane Sandy. Though, I’m already looking forward to mingling with cohorts who have come from 20 some countries. We’ve already become good friends.

We learn things from everywhere and everyone. Though, it’s great idea to pick something in a more structured way at such a vibrant venue where professional and academic knowledge meets and creates impact.

Noble Ambition

3 Minutes is All It Takes

October 29, 2012

What can you do with 3 minutes?
You may think of instant cup noodle. You can also think of copy phrase from diet advertisement saying "you will lose 15 lbs in two weeks if you put 3 minutes efforts every day."
3 minutes is short that you can almost ignore. Though, like other self-motivation people often say if you can collect small particles of time, you can achieve huge. Though, I’m not here to say any sort of self-help type answer for "what can you do with precious 3 minutes?"

3 minutes, another hurdle that e-Book needs to overcome.
Recent trend in mobile Internet and app is extremely instant. On the phone, you quickly grab what you want and go. People seem to spend good amount of time on their lovey-dovey iPhones. Though, what you do is flipping apps, make a quick mention, and read stuffs that won’t take more than a minute or two. That is one of reasons that e-Book does not really quickly break into casual readers’ market with smart devices. We tend to spend less time on each item (or app) Ultra viral YouTube music video Gangnam Style runs 3~4 minutes but entertains us. Casual game won’t take too much time, either, but you still get what you want. "instant fun." As an example, I am a relatively quick reader but I am still bit urged when I read on my Kindle App on my Android phone. Maybe lack of battery power or tiny screen itching my eyes may play big role. But, bigger problem is poor layout and editorial methods that once worked in the traditional book publication process won’t be suitable to the smart device world. Lengthy traditional blogging style even quickly changes to fit into wider audience who adopt reading habits on their smart devices.

App-preneur, can you get it?
I wrestle with a number of app-preneurs (app + entrepreneur) these days. There are still lots of challenges attracting large user base and creating sustainable product life cycle. Profiting from app is yet another challenge in spite of there is already a consumer app that generates hefty $200,000 a day like AniPang, a rock star casual game app in Korea. Though, whoever wants to make a mark in the interactive media industry or app industry, needs to really think of how to slice their products to fit into this extremely short time consuming consumer behavior.