David Kim leaves techpacific

David Kim, managing director with techpacific.com and CEO of techpacific Venture Capital, has left the company to pursue other activites, but has declined to go into any detail about future plans.

techpacific.com management say Kim will not be completely breaking ties with the company, and hope he will still be working with them on establishing a presence in Korea as well as continuing to advise on capital-markets related issues. While the formalities have not yet been worked out, Kim confirms that he will continue to work on expanding techpacific Korea, and he will also be staying on as board-level management of companies he invested in during his tenure at techpacific. 

techpacific has recruited a replacement for Kim and expect to be making an announcement in the first week of December.

Kim was a partner with Softbank and in addition to that role took on two job titles at techpacific in early April, just after the company’s IPO. Prior to that he became, at 26 years old, the youngest ever CFO of a Nasdaq listed company when China.com (now chinadotcom) listed last year.

At a quarterly investor lunch club hosted by FinanceAsia in April, just days after the Nasdaq crash, Kim said of the investment industry, “I’ll probably exit in a few years time. My father’s a preacher who has a mission in Mexico. I’d like to join him there ultimately.”

When asked today if he was indeed heading south of the border, Kim said his new plans were different, but not that different, and that for now he would be remaining in Asia.

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