Daniel Shin, MSRM '13, named 2016 Young Global Leader by the Davos World Economic Forum

Daniel M. Shin, a Korean venture capitalist and luxury fashion executive, is recognized as a 2016 Young Global Leader announced by the World Economic Forum at Davos. Daniel is the head of corporate development at MCM, a German luxury brand. Daniel is also a co-founder and managing partner of KingsBay Capital, a cross-border venture capital firm based in San Francisco and Seoul. The World Economic Forum picked 121 Young Global Leaders under the age of 40 from 50 countries. Daniel is the only one from Korea this year.

Daniel is in charge of corporate development at MCM. MCM is the first European luxury brand acquired by an Asian entrepreneur who has captured growing affluent Chinese consumers. MCM currently operates in 35 countries with 500 store-fronts including New York, Paris, Berlin, Beijing, and Tokyo. In his capacity as a venture capitalist, Daniel is instrumental to bring forth innovative early stage tech companies to a global scale commercial roll out. Daniel primarily invests in the San Francisco Bay Area and Seoul and has completed numerous IPOs and M&As. Daniel used to manage the global venture capital and private equity investment program on behalf of Korea Telecom. Daniel also spearheaded to establish a leading start-up accelerator and the seed investment program with Hanwha, a leading industrial conglomerate. Daniel has published several books and is a frequent speaker on subjects related to innovation, tech entrepreneurship and fashion-tech. In recognizing his contributions, Daniel was honored to become a Yale World Fellow in 2013, a residential fellowship program created to celebrate the university’s tri-centennial in 2001.

Young Global Leader is a unique and diverse community of the world’s most outstanding next generation leaders. Bold, brave, action-oriented and entrepreneurial, these individuals have dedicated their time and talent to helping make the world a better place. Current and former Young Global Leaders head governments and Fortune 500 companies, win Nobel Prizes and Academy Awards, become UN ambassadors and social entrepreneurs. Notable Young Global Leaders in the past include: David Cameron, British prime minister, Larry Page. co-founder and CEO of Google, Jack Ma, founder and chairman of Alibaba, Marissa Mayer, CEO of Yahoo and Chelsea Clinton, vice chair of the Clinton Foundation. This year nominees include Ashton Kutcher, an American actor, Joe Gebbia, co-founder of Airbnb, Emmanuel Macron, French Minister of the Ministry of Economy, Industry and Digital Affairs, David Bray, CIO of Federal Communication Commission, and so forth.

Each year, thousands of candidates from around the world are proposed through a qualified nomination process and assessed according to rigorous selection criteria. Candidates are selected based on their proven track record of professional accomplishments, breadth of expertise, commitment to society and ability to overcome adversity, among other criteria.

For the full 2016 list of Young Global Leaders, please visit http://wef.ch/ygl16

News Source: The World Economic Forum http://www.weforum.org