How to donate 5 trillion won to Kim Bum-soo?… About 6000 Kakao Crews head to head

Input 2021.02.11 06:00

Beom-soo Kim, Chairman of Kakao “Now I started to worry”
‘Extraordinary’ meeting of executives and employees over specific issues
10 trillion → 11 trillion in two days… Amount fluctuates according to stock price

Recently, Kakao Chairman of the Board of Directors Kim Beom-soo announced that he would return half of his assets to society, and attention is focused on how he will donate his assets. Chairman Kim is the number one stock sign among domestic entrepreneurs. It is also the first time that the domestic business community has promised to donate personal property in trillions of won.

As of the 10th, only the value of Kakao shares held by Chairman Kim reached 11 trillion won. When announced on the 8th, the stock price of Kakao was 457,000 won, but it rose by 7% in two days to 480,500 won. Initially, the amount of donation was expected to be 5 trillion won, half of the 10 trillion won, but the amount will continue to change depending on the direction of the stock price.

In the industry, various observations have already been made over the way Chairman Kim donated. Some say that Chairman Kim will personally gather experts who are concerned about solving social problems and support them. As early as next week, Kakao will start selecting the ‘1st Fellows (innovators)’ through the’Kakao Impact Committee’, a social contribution foundation led by Chairman Kim. ‘Innovators’ receive 2 million won per month for two years and engage in various public interest activities according to their own goals.

However, Kakao said, “The impact Foundation’s selection of innovators was announced in November of last year.” .

Chairman Kim also delivered the donation news and explained that it is the current stage of conceiving, saying, “We are now starting to think about how to use it specifically.” Chairman Kim announced that he would gather and discuss with executives and employees instead. Regarding donation, Chairman Kim said, “I’m going to open a Krugan conference where we can communicate more deeply in the near future.

He said, “I plan to find and support people to solve social problems in areas that are difficult for Kakao to access,” he said.

The crew that Chairman Kim refers to is about 6,000 employees of Kakao headquarters and major affiliates. Kakao refers to employees as’krew’. The combination of crew and kakao means’to sail together on a road that no one has been to.’

An official from Kakao said, “The timing and method of meeting have not been decided yet,” and “will be announced soon.” However, there are observations that it will take a method of selecting with support rather than gathering all 6,000 people.

It is an evaluation that it is unusual for Chairman Kim to go head to head with executives and employees to discuss a specific topic. An official at Kakao said, “There have been occasions where people can communicate with each other comfortably at year-end parties, but it was mainly the role of the CEOs of each company to talk about specific issues. It is the purpose of discussing with the employees directly about the method, etc.”