TBT: GROUND-BREAKING IDEAS BRIDGING STARTUPS AND ENTERPRISING MULTINATIONALS

• The coronavirus pandemic is pressing Korean conglomerates to seek innovation for growth.
• At the same time, a recent modification in the nation’s law, allowing a chaebol (family owned business conglomerate) with a holding company structure to own a venture capital house, is expected to add stamina to the startup ecosystem here.

Before the revision, startups looked towards venture capital houses....