Life Story – Lu Yung Terd

Young, gifted and blocked

May 23, 2011 by Lu Yung Terd

Korea needs fewer wage slaves and more entrepreneurs EARLIER this year Humax, a maker of digital set-top boxes based in Seoul, announced that its annual revenues had exceeded 1 trillion won ($865m) for the first time. For South Korea, this is something of a milestone. Humax is a classic start-up, founded in 1989 after a … Read moreYoung, gifted and blocked

Take Great Risk

January 9, 2011 by Lu Yung Terd

When I read rag to riches stories, I was often inspired and awed by these people’s achievements. Like all the stories go, these wealthy people made great investments and often the investments went wildly successful. But in most of them, especially the super rich who started out with almost nothing, they took monumental risk. That’s … Read moreTake Great Risk