According to a survey conducted in South Korea in 2023, 38 percent of startup founders had difficulty obtaining investment due to the company's valuation and recognition. Around 26 percent of respondents also found it challenging to explain and convince investors of their products and services.
Challenges faced by startup founders in attracting investment in South Korea in 2023
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Startup Alliance. (December 5, 2023). Challenges faced by startup founders in attracting investment in South Korea in 2023 [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/
Startup Alliance. "Challenges faced by startup founders in attracting investment in South Korea in 2023." Chart. December 5, 2023. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/
Startup Alliance. (2023). Challenges faced by startup founders in attracting investment in South Korea in 2023. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/
Startup Alliance. "Challenges Faced by Startup Founders in Attracting Investment in South Korea in 2023." Statista, Statista Inc., 5 Dec 2023, https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/
Startup Alliance, Challenges faced by startup founders in attracting investment in South Korea in 2023 Statista, https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/ (last visited September 20, 2024)
Challenges faced by startup founders in attracting investment in South Korea in 2023 [Graph], Startup Alliance, December 5, 2023. [Online]. Available: https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/