‘If Cyworld had been a global hit, Facebook would have faded’
TechnologySept 5, 2019
Startup Accelerators and CEOs, who participated in Start-Up Seoul event’s Policy Forum session on Thursday, called on the government to encourage South Korean startups to go global and expand their presence overseas.“If Cyworld had been a global hit, Facebook could have become redundant,” Korea Accelerator Association chairman Lee Jun-bae said. “But that didn’t happen.” Hwang Yoon-sik, the CEO of food catering startup Fooding Kitchen also called for more