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This is what I heard in Korea (someone with more insight, please correct me if it's nonsense): Doing a startup doesn't make sense because you'll end up as a con
by rumcajz 10y ago
This is what I heard in Korea (someone with more insight, please correct me if it's nonsense): Doing a startup doesn't make sense because you'll end up as a contractor for one of the chaebols. Once that happens no other chaebols are going to touch you. So, in the end, you'll end up as an employee of the chaebol just without the stability and prestige that comes from working for a chaebol.
- al_chemist 10y agochaebol - noun - (in South Korea) a large family-owned business conglomerate.