Harvard dropout Bom Kim constructed Korea’s most dear start-up

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Harvard dropout Bom Kim constructed Korea’s most dear start-up

For a lot of would-be entrepreneurs, Harvard's prestigious MBA program gives an vital step within the journey from dreamer to founder.However for B


For a lot of would-be entrepreneurs, Harvard’s prestigious MBA program gives an vital step within the journey from dreamer to founder.

However for Bom Kim, that step was faster than most. Simply six months into this system, he dropped out, decided to make it on his personal. Now, lower than a decade on, Kim is the billionaire brains behind South Korea’s most valuable start-up.

“I had a perception once I was in grad college that I had a really brief window to essentially make one thing that had an affect,” he informed CNBC Make It.

Kim is founder and CEO of Coupang, the $9 billion e-commerce big that is been dubbed the Amazon of South Korea.

He began the enterprise in Seoul in 2010 to make the most of what he noticed because the rising expertise alternative. In the present day his firm boasts a user-base virtually half the scale of the nation’s inhabitants.

Nevertheless, because the 40-year-old founder not too long ago informed CNBC Make It, he did not precisely got down to develop into the following Jeff Bezos.

The form of Coupang, the enterprise mannequin of Coupang … went by means of quite a lot of change.

Bom Kim

Founder and CEO of Coupang

Studying to pivot

In reality, when Coupang began out within the late-2000’s, it was a Groupon-style day by day offers enterprise.

However, as Kim seen the rising scope of e-commerce, he shortly transitioned to an eBay-inspired third-party market.

“The form of Coupang, the enterprise mannequin of Coupang, what…



cnbc.com