“If life is a journey, the journey is all about the people along the way!”
YaYa Factory was founded by three entrepreneurs & investors who were long-time close friends and had wanted to do something fun together before it’s too late. They have 56 years of collective experience in startup execution (from inception to exit), IPO, M&A, sales & marketing, corporate development, engineering, venture capital, private equity and so on.
Stanley (Kyuyeong) Jeong
Stanley is a Seoul based entrepreneur and investor with over twenty years experience in startup, venture capital, private equity, corporate development, engineering and so on. He co-founded YaYa Factory, a company builder and entrepreneurial investor based in Seoul, and is currently focusing on building opportunities in IT, BT, Healthcare, K-Beauty, etc. Prior to YaYa, he had also established Blue Button, a Seoul – San Francisco based team, and explored various cross-border opportunities through micro-investment and/or in-house startup building approach and also launched ‘iyaagi,’ a mobile content platform & service.
Before that, Stanley served six years as an Investment Director at Intel Capital, world’s largest corporate VC and strategic investment arm of Intel Corporation. During his tenure at Intel Capital, he made $23M investment, focusing on communications, software & services, mobile and digital media & contents and managed nine portfolio companies dealing with 3 IPOs & listings, financial restructuring, company building supports, board meetings and so on. Stanley is an Intel DRA (Division Recognition Award) winner. Prior to VC experience with Intel Capital, Stanley also had Buyout fund experience with Caledonian Private Equity Partners, a boutique private equity fund based in southern California.
Early in his career, Stanley had also engineering and corporate development experience with SK Telecom, the largest wireless carrier in Korea, and had various experience with IT startups throughout the dot-com bubble burst and telecom revolution era in mid-late 90s. He also has been an advisor, guest speaker or judge for various startup/entrepreneurship programs including KAIST I&TM, Eller EMBA (University of Arizona), Duke Startup Challenge (Duke University) and so on. He has a BS in Electrical Engineering from Chungnam National University and an MBA from Duke University.
Miguel is a serial entrepreneur with proven track records including IPO, M&A and exit. He is a founder and former CEO of e-Credible Co. Ltd., a public company listed on KOSDAQ and subsidiary of Fitch Ratings, one of top three global rating agencies.
He founded e-Credible in 2001 to build a much needed credit-rating B-to-B platform for Korea’s small and medium enterprises (SME). The platform proved to be a huge success and is deemed to have played a significant role in promoting business between large companies and SME’s. Currently over 300 large companies such as Samsung and Hyundai and their approx. 50,000 smaller business partners use “eCredible” platform. The company was sold to Korea Ratings in 2005, which was in turn to sold to the global credit bureau, Fitch Ratings. eCredible is a listed company since 2008 (KOSDAQ) with a market cap of approx. USD 100 million. Miguel stayed with the company until 2010.
As part of his preparation for his second start-up and continued entrepreneurial training, Miguel has amassed practical experience in various areas (high-tech start-up, recruiting service), the following 4 years. Miguel is a graduate of Korea University (Law) and started his professional career with NICE Information Service Co. Ltd. in 1996 where he first cultivated his start-up spirit.
Jung-Joon brings over 14 years of venture capital experience in Korea. He started his VC career at Korea Technology Bank (KTB, one of the first VC’s in Korea), and added global perspective in investment philosophy and strategy thru his tenures at CDIB Ventures (China Development Industrial Bank – a regional VC powerhouse at the time) and Nokia Venture Partners (later renamed BRV). In particular at the latter fund, where he was the employed the past 9 years, JJ has worked very closely with start-ups of diverse nationalities (Korea, US, Israel, China, India and UK) as part of the firm’s collective effort to promote cross-border business development for its early-stage portfolio companies. He was also tightly involved in corporate operations as a pro-active board member of 7 companies (including a six-month stint as acting CEO of a series A tech start-up).
JJ continues to serve as a part-time advisor/board member of Vision Scape (a Wearable device company, and a key BRV portfolio) as well as a member of the advisory/screening committees of Korean government’s angel seed investment fund and start-up incubation/acceleration program. Jung-Joon received his undergraduate degree from the University of Toronto (Electrical Engineering) and followed-on with graduate and executive programs at HUFS, SKKU and SNU. Prior to joining the VC industry, Jung-Joon worked as a senior analyst at LG-CNS’s (LG Group’s software and IT systems arm) R&D division’s strategic planning team. JJ is also a returning entrepreneur: he co-founded Rubicon Partners, an SME accelerator and consultancy, in 2004.