Singapore (Oct 7): David Lee, CEO of IYUNO Media Group, was told that his business — providing dubbing and subtitling services for movies and videos — would not succeed in the US, especially since it was run by a non-American. That did not deter him. “Everyone told me, no way an Asian businessman can make it in the US,” he recalls in an interview with The Edge Singapore.

Lee (pictured above) went ahead anyway. IYUNO opened its US office within three days and has been winning contracts there ever since. “I am a believer in instinct,” he says. Lee went on to build a company that would become a global market leader in the industry. It attracted an investment of US$24 million from Softbank Ventures for a 25% stake.

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