Asia's Boy Wonder of the Web
Clara Online founder Kentaro Iemoto overcame illness and creditors to become one of the region's most most watched CEOs, at age 24
Three years after starting his Web hosting company, Clara Online, Kentaro Iemoto was on the verge of bankruptcy. He'd been given an ultimatum by his creditors: raise $250,000 within two weeks or risk going belly-up. That kind of business threat would unnerve the most driven entrepreneur—Iemoto was an 18-year-old high school grad at the time.
Remarkably enough, Iemoto quickly rounded up 20 investors, secured the quarter of a million dollars, and averted bankruptcy. That's quite a drama for someone so young, but Iemoto had by that point faced down and survived life-and-death struggles of the kind that really matter. After all, Iemoto founded his company while in a hospital where he had undergone surgery for a brain tumor months earlier. He was 15 then—and it was unclear whether he'd ever walk again.
Today, Clara Online is on firm financial footing and growing, thanks to the driven Iemoto, now 24. A company with only $5 million in revenues, it's attracting an A-list of customers. Japanese fast-food chain Mos Burger, the Boston Consulting Group, and video game maker Sega Sammy (SGAMY) are among the companies that store their data on Clara's 20,000 Linux-based servers. So far, Iemoto has set up six data centers in Tokyo, Nagoya, Osaka, and Seoul, Korea.
For further details, you can check out this link:
http://www.businessweek.com/globalbiz/content/oct2006/gb20061030_567727.htm
P.S. I am worried that BBK-IT will know about this guy, and offer him a BD 653 basic salary + allowances( BD 20 Mobile + BD 20 Transportation + BD 60 "Badal Ghorbaa" ) !
Tuesday, October 31, 2006
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