최형규Hyunggyu Choi

The record is what it is: Co-Founder | DSRV. Nothing below is filed — it is the shape the seat would take if the current trajectory holds, and it is re-scored every time a new public source lands.

Expect the mandate to widen before it deepens. Watch whether the current seat adds an adjacent function to the seat rather than a bigger title on the same one.

A second mandate is the normal move here — a board seat, a fund-side advisory role, or an operating chair next to the current one. The tell is a first public co-signature, not an announcement.

First capital event window. Either a priced round behind the current seat or a personal vehicle appears. Watch open-weight versus API split rather than the headline valuation.

Jurisdictional switch is the highest-probability structural change from Seoul. A second residence, a second entity, or a second currency book (KRW to a settlement unit) is the observable.

Institutional shell forms: a holding vehicle, a family-office wrapper or a named co-investment club. Shells are quiet — the disclosure arrives through registry filings, not posts.

Distribution becomes the constraint. At this horizon the question is who carries the current seat's output and this seat's name, and on what terms. Watch talent retention after the first raise.

Succession pressure. Either a named deputy appears under the seat or the seat is re-scoped away from day-to-day. Both read as the same signal from outside.

Second-order liquidity: secondary sales, a tender, or a strategic minority into the current seat. This is where an OSINT file usually goes stale for six months and then re-prices.

Record consolidation. By here the file should be readable as a single arc rather than a list of events, and the Seoul base stops being the interesting part.

End-of-horizon check. Re-read 2026 against 2036: the useful output is which of the eleven rows actually printed, and which were noise carried by the market rather than the person.