From pickup basketball to market domination: My wild ride with Coupang – TechCrunch
Ben Sun is co-founder and general partner at Primary Venture Partners, a seed-stage VC firm based in NYC. A month ago, Coupang arrived on Wall Street with a bang. The South Korean e-commerce giant — buoyed by $12 billion in 2020 revenue — raised $4.55 billion in its IPO and hit a valuation as high as $109 billion. It is the biggest U.S. IPO of the year so far, and the largest from an Asian company since Alibaba’s. But long before founder Bom Kim rang the bell, I knew him as a fellow founder on the hunt for a good idea. We stayed in touch as he formed his vision for what would become...
Source: techcrunch.com