Friday, December 6, 2019

Another Harvard Dropout?

Clickbait, I hate it the video below was a good story about Coupang which is potentially the Amazon equivalent of Amazon. After watching the video I learned the Bom Kim stopped his graduate studies in order to pursue his business. The title of the video made me assume that he was an undergraduate who became successful and had a similar story as Zuckerberg and Gates. Dropout sometimes means a person failed college as well.

It was a good story though which may be typical of graduate students who has started businesses and was made to choose between furthering their education or continuing the entrepreneurial journey. The first iteration of the business was a Groupon copycat which is probably a story in every country that had ambitious young entrepreneurs at the time. Locally there was a lot of people who tried. Some are still in business but I think a lot have closed shop since. This Coupang story follows the startup model where your initial idea doesn't end up as the final product. It is now an ecommerce platform larger than what probably Bom Kim ever imagined.


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