The Ventures Welcomes Entrepreneurs Kim Taesung, Kim Daehyun, and Kim Cheolwoo as New Partners

From the left, partners Kim Daehyun, Kim Cheolwoo, and Kim Taeseong

[Asia Economy Reporter Kim Cheol-hyun] The Ventures, an early-stage startup-focused investment firm led by CEO Ho Chang-sung, announced on the 16th that it has recruited former Kakao Mobility director Kim Tae-sung, former Bungaejangter Chief Commerce Officer (CCO) Kim Dae-hyun, and former Bungaejangter Chief Product Officer (CPO) Kim Cheol-woo.

The three new partners joining The Ventures are all former entrepreneurs who previously received early-stage investments from The Ventures and share the common experience of having their startups acquired by Kakao. Partner Kim Tae-sung founded Parking Square in 2013, providing parking lot information and a reservation payment solution called 'ParkHere.' After the company was acquired by Kakao in 2016, he served as a director at Kakao Mobility, overseeing the parking business within the KakaoT service.

Partners Kim Dae-hyun and Kim Cheol-woo co-founded the secondhand trading company 'Sellit,' a startup that The Ventures invested in and incubated at its founding in 2014. In 2015, it was acquired early on by K-Venture Group (now Kakao Investment). Later, in 2017, it merged with Quicket, which operates the mobile secondhand marketplace Bungaejangter.

Ho Chang-sung, CEO of The Ventures, stated, "We want to share and support their entrepreneurial and exit experiences with early-stage startups and create a sustainable virtuous cycle in the startup ecosystem."