As the number of Venture Capital (VC) is increasing in Indonesia, I would like to suggest to young to start approaching VC instead preparing your CV. Regarding the fact that Indonesia has only 1.65% of enterpreneur is much more lower than other ASEAN countries. Thailand has 4%, Malaysia has 5% and Singapore 7%. If you are recently graduated and looking for a job, I am telling you not to find a job, find VC instead. In the earlier 20s, you are still very young with unlimited capability.
Here the advantages if you consider to start looking for VC
1. Learn how to build your own company in young age
Many people think that they need to have working experiences first before starting business That’s irrelevant. When I joined Ideabox and Founder Institute during my earlier 20s, I was the youngest person. Everyone thinks that I am still a little kid and may underestimate me sometimes. Once I realized, that I have high confidence and enthusiasme to learn fast and keep moving forward. After a while, I proved that I am better and even the best. People may be physically older than me but mentally, I am more mature. Don’t worry if you think that you don’t have enough experience, keep it in mind : “Age Doesn’t Matter.”
2. Fail earlier, raise up earlier
If you failed, so what ? We will never know until we try. Running a business is like riding on a roller coaster. It’s exciting yet challenging. Don’t be down when your business idea doesn’t work. Keep moving forward.
3. Step ahead
Start earlier will save your precious time. The good thing is that you can go back to corporate anytime with bunch of worth experiences that no one else can beat you. You already have more experience how to build company, realize your business idea and seek for fund. You will easily get hired and become more confident with those experiences and skills.
So, you wanna challenge yourself ? Here’s most active venture capital firms in Indonesia :
Ideosource provides equity finance to support a capital base for their companies to grow. Ideosource’s portfolio including 8wood, acommerce, saqina, orori and gimmie. Visit their website in detail here.
2. Fenox Venture Capital
William Wijaya as head of Fenox Venture Capital in Indonesia, Fenox originally came from Silicon Valley. Fenox connects startups to corporations for partnership opportunities in Silicon Valley and Japan. Click here for further.
3. East Venture
Focusing on mobile and consumer web in Indonesia, East Venture has invested in SCOOP, UrbanIndo, RedMart, Tokopedia and Bilna. Go contact them here.
4. Sky Star Ventures
Skystar Ventures is a tech incubator and working space founded by Universitas Multimedia Nusantara (UMN) and Kompas Gramedia Group (KGG). We target early stage startups in the Internet, mobile, social, educaSkystar Ventures is a tech incubator and working space founded by Universitas Multimedia Nusantara (UMN) and Kompas Gramedia Group (KGG). Further info click here
5. Convergence Ventures
Convergence Ventures is an early stage technology venture fund focused on investing in Indonesia. Convergence has invested in MalesBanget.com, FemaleDaily, Qraved and Indotrading. Contact them here
6. Mountain SEA Venture
Mountain is Indonesian affiliate of the Zurich-based Mountain Partners with accelerator program Ideabox, which is also engaged with Indosat. Mountain invested in CekAja, YDigital and Dealoka.
Find out more here