At TechCrunch Beijing this afternoon, Jimmy Rim from K Cube Ventures, Nobuaki Kitagawa of Cyberagent Ventures and Erin Chang from Between shared with us their insights on the Korea and Japan startup ecosystem.
The panel discussed differences in startup markets in Korea and Japan compared to other markets such as China and the US, and also addressed the issues that Asian startups face.
Erin Chang, who works at Business Development for Between, an app that allows couples to share pictures and messages more romantically among themselves, said that the startup ecosystem in Korea is improving, with a lot of support from the government who want to see Korean startups become globalized. The government does not chip in with just financial support, according to Chang. They also set up programs to help startups attend global events at a cheaper cost.
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