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Charles Michael Yim
A device that measured blood alcohol content using smartphones
Charles Michael Yim is a serial entrepreneur and investor known for founding several successful startups. Here are some key details about his background and career:
Entrepreneurial Journey
Charles Yim has founded multiple companies, including:
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Breathometer: Founded in 2012, this was a portable breath analysis device that connected to smartphones.1 It gained fame when Yim secured investments from all five "sharks" on the TV show Shark Tank - the first time this had happened in the show's history.13
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Chatterfly: A mobile loyalty rewards platform that Yim founded in 2008 and sold to Plum District in 2011 for a reported $30 million.2
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Cohabit Labs: Founded in 2019, this is described as a "next generation Co-living platform".2
Notable Achievements
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Appeared on Shark Tank in 2013, securing a $1 million investment from all five sharks for a 30% stake in Breathometer.13
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Won first place out of 10,000 startups globally in Sir Richard Branson's Extreme Tech Challenge (XTC) in 2015.2
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Has attracted mentors and investors including members of the "PayPal Mafia", Richard Branson, and Mark Cuban.3
Background
Yim was raised by a single mother who immigrated from Hong Kong. He showed entrepreneurial tendencies from a young age, starting with a lemonade stand at age 3 and progressing to selling comic cards and basketball cards in his school years.3
Current Ventures
While his LinkedIn profile mentions LXFT, there isn't specific information about this venture in the provided search results. His most recent listed position is Founder and Executive Chairman of Cohabit Labs, Inc. since April 2019.2
Charles Yim has demonstrated a consistent track record of founding and scaling startups in various industries, with a particular focus on mobile and digital health technologies.