20 Aug '11, 4am

South Korea Digest: Social Funding Trends, @LGUplus cooperate with Primer, & more cc @OnSuccess1

Social funding is becoming one of the new trends in Korea. FundU , JohnstoryDesign, Kchallenge and more are raising money for 10 startups. They are also starting to promote and raise money for the top 20 startups from IBS(Internet Business Startup Program) . Anclkorea is also very active in fundraising for startups. It is now supporting a diet shopping mall run by model Park Cheol-Woo, and is now reviewing many other companies that support apps, navigation, and social commerce related projects. The first social funding site in Korea-‘This is True Story’ is also raising money for software companies. Ieumstory is also preparing a platform for one-man businesses.

Full article: http://sgentrepreneurs.com/news-stop/2011/08/19/south-kor...

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