Wong In-hoon: Now is the best time in history to start a business, so don't overthink how hard it can be

On August 1st, the CEO Wong In-hoon, on Y Combinator Startup School 2026, stated that it was the best time in history to start a company, and that young entrepreneurs should not overthink technology too quickly or fear failure. "How hard can it be?" Wong In-hoon stated that entrepreneurs do not need to have all the answers from day one, and that the key is to be willing to face reality and to learn continuously. In the early days of Inweida, he was betting on the wrong graphics, and he bought three of the technical materials for the engineer when he didn't know how to solve the problem. He argued that as long as learning capacity was maintained, specific technologies were not by themselves the most important factor. However, Huang In-hoon does not see success as easy. He stated that he still worked seven days a week and had long been concerned that the company might collapse; that sense of vulnerability, uncertainty and insecurity had never disappeared. Rather than conceiving all the difficulties in advance in order to prevent anxiety from preventing action, it was suggested that the difficulties should be phased in and resolved on a case-by-case basis. Data show that in the first half of 2026, the number of applications from United States enterprises reached a record 3.23 million, an increase of 12.1 per cent over the previous year. However, entrepreneurship risks remain high, and data from the United States Bureau of Labor Statistics indicate that nearly half of the enterprises have ceased to operate within five years of their establishment。