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Roundtable: A Q&A with Indonesia’s top venture capital firms (part 1)
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W
hen will the “funding winter” end and how has it affected the venture capital (VC) landscape? How are VC firms navigating these turbulent times and re-calibrating their approaches? What are they anticipating for the upcoming year?
We asked the leaders and founders of some of Indonesia’s most active VC firms, namely Pandu Sjahrir of AC Ventures, Roderick Purwana of East Ventures, Donald Wihardja of MDI Ventures, Tan Yinglan of Insignia Ventures and Agung Bezharie Hadinegoro of Antler Indonesia, to share their insights on these questions and more.
The insights shared reflect a blend of caution and optimism, underscoring the resilience and adaptability of the Indonesian venture capital sector.
How does the “funding winter” shape the outlook for 2024?
Roderick Purwana, Managing Partner of East Ventures
“It is important to see how the market, especially the US as the global leader, shows indications of bottoming out or flattening in. We believe if, in the near future, we can see interest rates go down, people will start to invest again, and the valuation will start to go up.” - Roderick Purwana
