[Tech in Asia Campus Visit] Redefining Indonesia, one startup at a time

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TechInAsia – ITB College Visit1

Redefining IndonesiaOne Startup at a Time

• Started in 2010: Koprol, Disdus, DealKeren, Rumah123, Rumah.

• Validation from global tech company: Ebay, NetPrice, Veritrans, Rocket Internet, etc.

• 1st wave of investors: East Ventures, Cyber Agent Ventures, Gree Ventures, Ideosource, etc.

• Indonesia's investment ecosystem is evolving at pace. More VCs are actively looking to invest in Indonesia. Incubators and angels have become more recognized as a capital source and Indonesian conglomerate groups have established their own venture arms to make investments in Indonesian startups as well.

TechInAsia – ITB College Visit2

Indonesia’s 1st Internet boom

South East Asia’s largest economy• 4th most populated country in the world• Favorable demographic• Robust domestic consumption• Rising middle class– BCG: 141 million of Indonesian middle class and

affluent by 2020– McKinsey: Estimates 90 million Indonesians will join

the “consuming class” by 2030• Big online presence and growing: over 70 million

internet user or 28% of total population growing at 13% in 2013 (APJII).

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Indonesia is The next big thing

• The future of Indonesia is at our hands– Internet boom: Once in a life time event that not

only changes how people live but also redefines how people do business.

– We can redefine how Indonesian live and do business for the better.

• Thanks to internet and technology dependence, tech entrepreneurs/computer engineers can make a huge impact in a short period of time.

TechInAsia – ITB College Visit4

Golden era for computer engineers

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Our Property listing part 3

• Whether we like it or not, the world has changed. Globalization with localization is the new trend and will probably stay for good.

• Many global internet companies rely more and more on the emerging market for growth.

• We can let others to redefine how we live by not doing anything and accept the new way of living.

• OR ….. We can contribute directly by starting our own tech startups.

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Globalization is here for good

Redefining marketplace

Now

TechInAsia – ITB College Visit9

Then

Redefining travel agency

TechInAsia – ITB College Visit10

Then Now

Redefining GAming

TechInAsia – ITB College Visit11

Then Now

Redefining shopping

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Then Now

Redefining Real Estate

TechInAsia – ITB College Visit13

Then Now

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Why being a nerd

is thenew cool?

FAMOUSSMART

YOUNG POWERFUL

RICH

Fastest way?

TechInAsia – ITB College Visit16

From this To this

Why being a nerd

is thenew cool?

Fastest and most probable way?

TechInAsia – ITB College Visit18

From this To this

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Indonesian entrepreneurs by the numbers

In less than 5 years, 9 selected Indonesian startups has raised over $30 million USD with total estimated valuation of $225 million USD*

* Based on my personal conservative estimation

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• Turn your passion to push Indonesia forward• If you don’t want to do it for Indonesia, do it

for yourself

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The time is now

Mind is a terrible thing to waste. While you are still young, go crazy, be smart, rich and powerful, follow your dream

and make a difference.

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