CEO Who Raised 2.3 Billion Won in Funding After Leaving a Major Corporation Where He Worked for 11 Years [Mokibo Maker Part 1]
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Game Changer, Mokibo
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"Game Changer" features the heartfelt stories of makers.
Interview Highlights!
Jo Eun-hyung, CEO of wadiz maker Mokibo, is someone who left a large corporation after 11 years to start her own business.
After courageously leaving his job, he raised 2.3 billion won in funding, including global investments. When asked why he started his own business,
he replied, “Ever since I joined the company, I had planned to start my own business 10 years later.”
After joining as a software engineer and working there for two years, he spent nine years in the patent department. When Mokibo’s patent idea was rejected,
he thought, “I’ll have to do it myself,” and after putting his child to bed, he spent two hours starting at 10 p.m. writing and filing the patent application himself.
And that’s how Mokibo was born!
The name Mokibo was chosen with the hope that it would become “everyone’s keyboard,” and it is a fusion keyboard that combines a keyboard and a mouse.
The company raised a total of approximately 2.3 billion won in funding, including overseas investments, with about 700 million won raised through wadiz.
While this is a remarkable achievement today, she faced many challenges in the early days of the startup.
CEO Jo Eun-hyung thought that since they had the idea and the patent, outsourcing the development would be easy!
Contrary to his expectations, it wasn’t easy, and even after hiring an in-house team, he couldn’t prevent developers from leaving.
Having pursued development and operations by any means necessary, he says he wants to share this message with fellow entrepreneurs and startup CEOs:
It’s incredibly difficult for a startup to do something that no one else has done before.
But I think you can only succeed by doing something that’s never been done before.
She believes that while it’s a difficult path, the scope for challenge is vast, which is why startups may actually have a higher chance of success than large corporations.
If you’re curious to hear more from Mokibo CEO Jo Eun-hyung about his plans to continue developing devices loved by dreamers,
check out the video below! 😊
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