SMU Lee Kong Chian School of Business alumnus and founder of online rag-and-bone service Karang-guni.com Daniel Wong was featured in an article where he discussed his business model and vision. After graduating from SMU and a stint in Barclays Investment Bank, Mr Wong invested the money he made from selling his condominium into his business. When asked why he decided to enter the rag-and-bone industry, he said there is a gap in the market because Singapore has a huge waste problem. Mr Wong eventually wants to establish Karang-guni.com as a social enterprise as "profit can be made from doing good", he said.