Kakao Ventures to Open "Tmp Seoul," an Immersive Space for Solo Founders, in September
"A Temporary Community for Solo Founders"
Technical Support and Network Expansion
Kakao Ventures will open '/tmp Seoul,' an immersion-focused community space for founders, next month.
On August 19, a Kakao Ventures representative said, "'/tmp Seoul' is a space where solo founders (individual entrepreneurs) gather in one place for a set period of time to focus on developing their own AI products."
The name of the space comes from '/tmp,' a temporary file storage directory in computer operating systems. It signifies a temporary community where founders build their products intensively in one location for a period before moving on to their next stage. It is not an accommodation-style retreat but rather a coworking environment where participants gather and work together for a defined period.
The main focus is on the composition of the residents. Both serial entrepreneurs with proven results from intense founding experiences and rookie founders with fast execution and excellent technical acumen will participate. Currently, individuals with backgrounds as Silicon Valley startup founders, technology organization leaders, and those who have scaled companies to a certain size before starting again have committed to joining.
A discipline structure will be implemented to eliminate distractions to deep work. Events such as "Ship Night," where development results are shared every Friday, regular retrospectives, and weekly one-on-one meetings will clarify goals. Participants will also set and follow their own house rules to govern the community.
To support product development for residents, Kakao Ventures is collaborating with OpenAI and Amazon Web Services (AWS). Residents will receive ChatGPT and Codex subscriptions, API credits, and technical workshops. The company is also planning to build a global network through partnerships with world-renowned hacker houses.
The space will be operated by Head Oyongtaek, who previously was a founding engineer at blockchain company HatchLabs and an investment associate at Altos Ventures. Oyongtaek said, "I want to create a space that founders want to be part of when starting a business or facing new challenges," and added, "We will foster a culture where participants can deeply immerse themselves in solving important problems by sharing their experiences and strengths."
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Additional resident recruitment will focus on rookie founders. Selection will be based on the ability to quickly define and validate problems and a mindset of sharing experiences with peers.
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