LG Nova

part of LG

3 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Sep 17, 2024 by Sokwoo Rhee · said 17 times in 2 episodes since 2024 · across every show →

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brought up most by Sokwoo Rhee (9), Alex Kantrowitz (8)

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Everything said about LG Nova, oldest first

Sep 17, 2024 positive
Disclosure
Rhee: Most LG Nova startup partnerships use revenue sharing
“Most of the partnerships we get into with the startups, it comes to the revenue sharing. So whatever we do together they get a cut, we get a cut. So that's how usually it's structured. I mean, some startups prefer straightforward licensing. We are happy to dis…”
Sokwoo Rhee Sep 17, 2024 ▶ 10:30 Sparking Net New Innovation At Massive Scale — With LG's Sokwoo Rhee
Sep 17, 2024 neutral
Disclosure
Rhee: LG Nova only invests when a collaboration plan exists
“We have a very specific investment philosophy. We invest into startups only when we know we're going to work with them. It's not like we invest in them and then try to figure out what to do with them.”
Sokwoo Rhee Sep 17, 2024 ▶ 10:05 Sparking Net New Innovation At Massive Scale — With LG's Sokwoo Rhee
Sep 17, 2024 bullish
Disclosure
Rhee: LG Nova aims to build multi-billion dollar software spinouts
“Our job, my job, is to create six fifths and six sixth of those multi-billion dollar companies that are very different from the composition of LG that they have right now. Okay. Much more software focused, much more service oriented businesses.”
Sokwoo Rhee Sep 17, 2024 ▶ 23:29 Sparking Net New Innovation At Massive Scale — With LG's Sokwoo Rhee
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