00:00korea's startup funding landscape just shifted here's what it means for founders and why the old playbook may no longer
00:06work three things stand out funding sales and hiring
00:10overseas headquartered korean startups grew fifty five percent in five years and most are now founded directly in the united
00:17states not flipped from korea let's look at what this means for startups and entrepreneurs in korea korean startups abroad
00:24rose from one hundred thirty nine in twenty twenty
00:26to two hundred fifteen by the end of twenty twenty five according to vc analytics platform the vc of the
00:32one hundred sixty five korean founded companies in the u.s this year
00:36one hundred forty one were founded there from day one or eighty five point five percent only twenty four were
00:42flips at fourteen point five percent here's what the numbers show
00:45founders who build in america from scratch face a steep access problem government global tips funding only backs domestic startups
00:53that already secured overseas
00:55many u.s founded companies are excluded or must meet extra conditions like setting up a korean subsidiary so what
01:01does this mean for founders weighing where to build their company earlier we said that funding sales and hiring are
01:08the real bottlenecks here's what that actually means for you if you are planning a u.s launch the policy
01:13support you need may not be designed for you yet plan your capital your first customers and your hiring pipeline
01:19before you assume public money will follow
01:22watch whether policy broadens eligibility for u.s founded companies that's today's ai prism founders this episode was produced with
01:30ai assistance based on seoul economic daily reporting
01:33ai prism is a juan ifra award-winning series we'll be back tomorrow
