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Being a 4D Thinker, transformative tech meets human evolution, how Korean-American Midwest roots shapes an ecosystem of startups, and human transcendence…
June Choi, CEO of Serval Ventures (evolving the startup success and venture investment model by applying a data-driven experimentation approach, honing talent, and delivering thoughtful and sustained support) joins Julie Chan in the MouthMedia Network studios powered by Sennheiser.
In this episode:
- How Choi had as many as five careers, and being a Korean-American immigrant
- Choi was supposed to go to med school, but sees herself as a four-dimensional thinker, see things play out, didn’t want that path
- Figuring what she didn’t want, and her parents disowned her
- She decided to pursue a literature degree, loved reading books, and her father disowned her again
- Took a business minor
- Wanted to be a judge, but didn’t want to go to law school
- Moved to England because they speak English too
- Couldn’t feed herself, depended on Ramen
- Becoming an executive director at just 26 for a non profit
- Got divorced, had a child, had to support child but not do it full time
- Did strategy consulting
- Took professional sacrifices to be home with her child as much as possible
- Decided she is female role model for her daughter
- Then started a company, which was scary
- Choi had resisted being an entrepeneur for a long time, was freeing
- Being an advisor to a startup and they wouldn’t listen
- So, became an investor
- Why aren’t accelerators and venture investing evolving properly?
- As an investor – less tech people in tech companies, business people have an idea, then hire expensive people for a startup, so they have to raise money instead of building company and product and going to market
- Choi focused on the need to keep founders focused, and thus the innovation roadmap developed
- The way different people think, complex vs. linear
- Chan provides an intuitive reading – using play and education
- Facilitator instead of farmer, helping others understand each other, further their visions
- Community watering hole, serenity and togetherness
- Contributing to the farm
- Emerging tech
- How people are evolving