실리콘밸리에 위치한 미국 헬스케어 스타트업이 한국에서 상장을 준비하고 있어 해당 프로세스를 리드하고 실행할 인재를 찾는 프로젝트였습니다. 한국 자본시장과 관련 규정에 익숙하되 상장 경험 자체는 국내 뿐만 아니라 나스닥 등 해외 시장에서의 경험까지 유연하게 설정하여 한국 및 APAC 지역에 있는 금융권 인재 Mapping 을 진행하였습니다. 본사와의 소통 및 보고를 위한 영어 커뮤니케이션 및 기술 상장 경험에 가중치를 두어 추천을 진행하여 채용 성공한 사례입니다.


U.S. Healthcare Startup's IPO in Korea

Director of IR


Backgrounds

Client's Business: A Silicon Valley-based genome analytics startup planning an Initial Public Offering (IPO) in Korea, specifically targeting enlistment on the KOSDAQ market.


Hiring Need: The startup required a professional fluent in both Korean and English, with extensive knowledge of the IPO process and sell-side experience. The ideal candidate would navigate the complexities of the IPO process in Korea and have familiarity with international listing standards.


Challenges 

  1. Bilingual and Bicultural Expertise: Finding a candidate who could seamlessly navigate both the Korean and international business landscapes, ensuring effective communication and understanding of the IPO process across borders.
  2. IPO Process Knowledge: Identifying individuals with direct experience in the IPO selection and listing process, particularly with entities like the Korea Exchange (KRX), which oversees IPOs and regulates listed companies in Korea.
  3. International Listing Experience: Locating professionals with experience managing IPOs in other major markets, such as the US or Hong Kong, to bring a global perspective to the Korean listing.


Strategies 

  1. Comprehensive Candidate Search: Expanded the search to include professionals from a variety of backgrounds, from regulators within the Korea Exchange (KRX) to experts with experience in managing overseas IPOs.
  2. Targeted Networking: Leveraged industry contacts and financial networks to identify potential candidates with the requisite IPO and sell-side experience.
  3. Skill and Experience Verification: Conducted in-depth interviews and assessments to verify candidates' expertise in the IPO process, their ability to operate in a bilingual environment, and their understanding of global and Korean market regulations.


Conclusions

  • Outcome: The search led to the successful placement of a candidate who brought:
    • Deep understanding of the IPO process in Korea and experience with the regulatory environment of the Korea Exchange (KRX).
    • Sell-side experience and knowledge of international listing processes, including in the US and Hong Kong markets.
    • Fluent bilingual capabilities in Korean and English, facilitating effective communication with stakeholders in Korea and abroad
  • This strategic hire enabled the genome analytics startup to: 
    • Navigate the IPO process in Korea with confidence, backed by expertise in local and international listing standards.
    • Establish a solid foundation for a successful IPO on the KOSDAQ, leveraging the candidate's sell-side experience and regulatory knowledge.
    • Enhance its positioning for global market access and investor relations, owing to the candidate’s bilingual proficiency and international experience.