Razmig Hovaghimian, Changseong Ho and Jiwon Moon founded Viki.com in 2007 while they were students. Following a few years on the back-burner while the trio finished their studies, the website offering on-demand streaming video from around the world came out of beta in 2010.
Yesterday, Viki.com was valued north of USD200m in a sale to Rakuten, a Japanese electronic commerce and Internet company. As the first Asia-raised startup of its kind to exit with a Silicon Valley-scale valuation, Viki.com marks a significant milestone in the growth of the region’s ecosystem.
In his first interview following the sale, co-founder Razmig Hovaghimian spoke about his journey with Hugh Mason, co-founder and CEO at JFDI.Asia, alongside whom Razmig worked at hackerspace.sg when Viki was still a dream.
http://www.youtube.com/watch?v=9-6jJjtZPl8
Join JFDI.Asia’s friends and startups to celebrate this milestone for the Viki team and the region on Friday 6 September at 71 Ayer Rajah Crescent, Singapore 139951. Open house begins at 6pm and a panel discussion including investors connected to Viki.com will follow at 7.30.