kakaoventures blog
Deep insights, thoughtfully shared —
from Korea’s leading early-stage VC
from Korea’s leading early-stage VC
HeartFlow IPO Analysis: Medical AI Company IPO Success Story
HeartFlow's IPO marks the first pure-play medical AI company to reach public markets with 99% AI revenue. Analysis of business model, financials, and roadmap for medical AI startups.
The AI Agent Protocol Wars: How MCP and A2A Are Reshaping Startup Opportunities
AI agents are evolving from solo tools to collaborative teams. Here's how MCP and A2A protocols are enabling startups to build agent businesses without platform dependencies.
LLM Market Structure 2025: Natural Monopoly vs. Competitive Landscape Analysis
Explore the 2025 LLM market structure and competition. Will AI language models form a natural monopoly, or will OpenAI, Google, and others shape a diverse AI landscape?
The End of Switching Costs: Why UX Is the Last Moat in Gen AI
In the Gen AI era, users leave old tools with zero friction. This post explores why switching costs are disappearing—and why UX is now the most important feature for product survival.