Sangat Pedas

DailySocial’s Advice To Startups: SELL CHEAP!

October 9, 2011 by Remco | 10 Comments

DailySocial, Indonesias #1 #2 tech-startup (re-)blog site, trusted source by both investors and startup entrepreneurs. Great bunch of “crazy” guys, lots of laughs (despite that some got bombed by standup comedy lovers) but in the end the confrontation was inevitable. Yep, it’s about time we step in and set these guys straight for the sake of all startup entrepreneurs in the world. Sangat Pedas “tidak peduli” style, you can always count on us.

It started with a post by William Henly, corporate strategy expert, investment banker, multi sector entrepreneur & Fortune Indonesia’s Top 40 Executive Under 40. Basically William sees the Indonesian tech-startup market lately as overhyped, over-valued and he thinks the market is not transparent enough, even using the word “misleading”. Though I wouldn’t go as far as William, I too had some things to say about the Indonesian tech-startup market but from a different perspective. As for the transparency, William, here you can find some of the valuations and deal info of Tokopedia, Kaskus and Detik, even though it’s not all based on solid first hand statements it comes pretty close.

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