One of President Park's main initiative is the 'creative economy'. In fact, she was invited to speak about Korean's vision for creative economy in the world forum in Davos. For me, personally, this is one of President Park's most inspiring moments; if this initiative is successful, the President will go in history for this vision.
CheckPoint is one of the most successful companies in Israel. Started in the mid 1990s, it was one of the first companies in the world to sell a commercial "Firewall" product (their product was simply called "Firewall-1"). In few short years their sales grew exponentially and they became one of the most dominant firewall vendors worldwide.
When considering an investment, one of the first things a clever investor will try to determine, is whether you're a service company or a product company.
Startups are fueled by dreams. And those dreams are fueled by stories. One such popular story is about the 'visionary' startup founder. We all know the legends about Apple, google, Microsoft and Amazon and their visionary leaders. We often hear that these companies were successful because their founders wanted to do good, or to develop great products, or to help society.
Arnold Schwarzenegger recently said that the best decision of his life, was to move to the USA when he was at the beginning of his body building career. The former Mr. Universe (and governor of California!) could have stayed in Austria a bit longer; maybe become a local success, and get some money and experience to move to Hollywood and make it big.
All startups have one thing in common: they all need users. It doesn't matter what your business model is, or where you intend to get your funding. In fact, angels, VCs and other investors of all types, are all impressed by one number: users.