Her father graduated with a Ph.D. from New York University, and then opened a Hallmark Store. You see the dedication, on-going commitment and tenacity that's needed in facing up to the challenges. Besides, we believe strongly in our technology. Chung met with several other investors who turned her down. She doesn't believe her gender had anything to do with it, however.
Venture capitalists receive a huge number of requests for funding all the time.
If you can show investors the experience you bring to the deal and the confidence that you can succeed, at the end of the day, they will look beyond the fact you are young and a woman, and they will back you. Chung says Phlair is on a clear path to profitability, although she acknowledges that there has been a big shift in the e-commerce marketplace. E3Asia, is an application service provider that focuses on China and designs fulfillment and payment solutions for retail businesses. Cai will be the company's point woman in China. People in the room loosen up and it makes negotiations much easier.