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Ben Sun is co-founder and general partner at Primary Venture Partners, a seed-stage VC firm based in NYC.
A month ago, Coupang arrived on Wall Street with a bang. The South Korean e-commerce giant buoyed by $12 billion in 2020 revenue raised $4.55 billion in its IPO and hit a valuation as high as $109 billion. It is the biggest U.S. IPO of the year so far, and the largest from an Asian company since Alibaba’s.
But long before founder Bom Kim rang the bell, I knew him as a fellow founder on the hunt for a good idea. We stayed in touch as he formed his vision for what would become Coupang, and I built it alongside him as an investor and board member.
AlleyWatch
This bi-weekly column covers the latest news from venture capital firms in NYC for the second half of February 2021 featuring must-know news including news for Primary Venture Partners, Tribeca Venture Partners, and much more
Internet entrepreneur and Angel Investor Benjamin Sun has been profiled by Crain’s New York Business as one of the top under-40 executives to watch. He is cofounder and partner of LaunchTime LLC, an incubator focused on digital media and e-commerce. Previously, he served as President and CEO of Community Connect Inc, which he co-founded in […]