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A Chaebol’s Fast Rise and Even Faster Fall
South Korea's Yulsan Group (율산그룹) really speed-ran the rise and fall of a business empire. Founded in 1975 with nothing. Two years later, $165 million in export revenue. 14 subsidiaries, 8,000 employees. A year after that, bankrupt. In this video, the story of a chaebol. They never even made it five years.
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By Jon Y
5
2424 ratings
South Korea's Yulsan Group (율산그룹) really speed-ran the rise and fall of a business empire. Founded in 1975 with nothing. Two years later, $165 million in export revenue. 14 subsidiaries, 8,000 employees. A year after that, bankrupt. In this video, the story of a chaebol. They never even made it five years.
Get all episodes of Asianometry, Sharp Tech, Sharp China, Stratechery Updates and Interviews, Greatest of All Talk, and Dithering as part of Stratechery Plus for $15/month or $150/year.
Listen to Stratechery.
Listen to Dithering.
Listen to Sharp China.
Listen to Sharp Tech.
Listen to Greatest Of All Talk.
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