According to a survey conducted in South Korea in 2022, more than 38 percent of startup founders had difficulty obtaining investment due to determination and recognition of company valuation. Around 31 percent of respondents also found it challenging to explain and convince investors with their products or services.
Most critical obstacles startup founders experienced when attracting investment in South Korea as of September 2022
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Startup founders and employees
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Startup Alliance. (December 14, 2022). Most critical obstacles startup founders experienced when attracting investment in South Korea as of September 2022 [Graph]. In Statista. Retrieved September 27, 2023, from https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/
Startup Alliance. "Most critical obstacles startup founders experienced when attracting investment in South Korea as of September 2022." Chart. December 14, 2022. Statista. Accessed September 27, 2023. https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/
Startup Alliance. (2022). Most critical obstacles startup founders experienced when attracting investment in South Korea as of September 2022. Statista. Statista Inc.. Accessed: September 27, 2023. https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/
Startup Alliance. "Most Critical Obstacles Startup Founders Experienced When Attracting Investment in South Korea as of September 2022." Statista, Statista Inc., 14 Dec 2022, https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/
Startup Alliance, Most critical obstacles startup founders experienced when attracting investment in South Korea as of September 2022 Statista, https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/ (last visited September 27, 2023)
Most critical obstacles startup founders experienced when attracting investment in South Korea as of September 2022 [Graph], Startup Alliance, December 14, 2022. [Online]. Available: https://www.statista.com/statistics/1332151/south-korea-obstacles-in-attracting-investment/