But David Lee knew that a hidden market existed among Korean immigrant entrepreneurs, many of them recent arrivals who had been forced into early retirement in corporate restructurings back home.
"The problem around here isn't the Han," a Korean entrepreneur in his early 20's said as he relaxed with friends over a beer.
Michael Yang (born August 31, 1961) is a Korean American entrepreneur in Silicon Valley, California.
The company was founded on February 1972 in Tokyo, Japan by Shin Jun Ho, a Korean entrepreneur.
In 1921 the Jipseong Johap was established by Korean and Japanese entrepreneurs, attempting to provide poverty assistance for butchers.
And yesterday, the two companies discovered that a Korean entrepreneur with no connections to them had beaten them to it.
A Korean entrepreneur told me that he was thrilled with the business climate in China.
He sold his idea to Byung D. Yim, a Korean entrepreneur, who brought it to the United States early in this decade.
Bali, a popular destination for Korean tourists, has also begun to attracting some scattered Korean entrepreneurs.
The second wave were primarily Korean entrepreneurs, settling in Buenos Aires during the 1960s.