Sramana Mitra: How many consumers do you have currently? KunHee Park: Five million. If I counted paid subscription, we have over one million. Sramana Mitra: What’s the monthly subscription fee? KunHee Park: $6.99. Sramana Mitra: Do you have a sense of who is paying to subscribe to this? Is it mostly Korean speaking people?
Sramana Mitra: You became the CEO of Kocowa? KunHee Park: No, CTO in the beginning. My original plan was to stay in the States for a year. After one year, they asked me to be the CEO. That was in 2018. Our seed money was very tiny. Seed money was just $15 million. Sramana Mitra:
Sramana Mitra: Then what happens? KunHee Park: I could not speak English at all at that time. It was my handicap. NDS is a global company. I could hear Indian English, British English, Hong Kong English, and American English. It was challenging for me. I tried to communicate properly. I tried to learn all the
There’s quite a bit of white space in the domain of regional language content. KunHee talks about Korean content. It should give you ideas that you can extrapolate into other languages. Sramana Mitra: Let’s start from the very beginning. Where are you from? Where were you born, raised, and in what kind of background?