Kevin Kim: From nothing to paying more than 13 million euros

“I was a civil engineering student, but they wanted to create services and products for different audiences. My mom cried a little,” Kevin Kim, a 33-year-old entrepreneur, explained to CNBC when he recounted what it was like to drop out of college.

His family considered his decision “risky”, although he had been calculating everything from that moment on, He just sold the company he created when he was 18 years old for €100,000. It was a company with an initial capital of 2000 euros and that was ine-commerce specialist, Their business involved importing streetwear from South Korea and later selling it all over North America.

Kim, who immigrated to Canada from Korea when he was 11 years old, has made his initial intentions clear. “Achieving product adaptation to the market is really difficult, and it takes years. After I sold my first company, it was an easy decision to make.” Until creating and selling his first company, he devoted himself to marketing digital products to startups and corporations. In 2020, she is fully integrated into the metaverse.

South korean guy ventured with Live pitch, a metaverse app for sports fans. With it, users can perform different actions and actions like Participate in live broadcasts, customize your avatarsor purchase digital collectibles. “Our mission is to build a digital world where fans play, collect and transform into whatever they want to be together. We are the destination of choice for fans of sports and the latest in culture,” it detailed on their website.

The company in which the South Korean businessman entered, Billed 13 million euros. Of all this money, some of it corresponds to funding from Major League Soccer led by 35 Ventures, Dapper Labs Ventures and from athletes such as Phoenix Suns basketball player Kevin Durant or French soccer player Blaise Matuidi. An achievement built on Kim’s confidence in four of her favorite sectors such as Sports, Games, Music and Fashion.

Stadium Live has more than 750,000 users who “spend more than an hour a day on the platform.”According to the company. According to Kim, creating a strong vision and set of values ​​for your team is “critical” to the success of the initiative. “Why should talented people join your company and grow with you? This question can be answered not only with the product you make, but also with the company and culture you develop,” he said.