April 20, 2024
The Boardroom
Bluehole founder named head of presidential committee
[THE INVESTOR] Chang Byung-gyu, founder of game developer Bluehole Studio, best known for the popular video game “Playerunknown’s Battlegrounds,” on Sept. 25 was named as chairman of the presidential Fourth Industrial Revolution Committee.
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Chang Byung-gyu |
The committee, under direct control of President Moon Jae-in, aims at upgrading Korea’s competitiveness in futuristic technologies such as artificial intelligence, data processing and robotics.
The committee, consisting of 20 business people and five government officials, will announce a new policy direction in November and more detailed action plans in December.
Chang, 45, a KAIST graduate, is considered one of the key leaders in the nation’s venture industry. He co-founded Neowiz, a gaming company, in 1996 and established First Snow, a search engine developer, in 2005 that was sold to Naver the following year.
In 2007, he set up the game maker Bluehole and Bon Angeles Venture Partners, a venture capital firm that offers funding and mentorship for early-stage startups. More than 100 startups have received support from the firm till now.
By Park Ga-young (gypark@heraldcorp.com)
