Dec. 6, 2021

UVC: Erwin Arifin from StartupIndonesia.co on bridging the gap between founders and VCs, their method to rate the investability of a startup, and the dynamics of reverse pitching in increasingly competitive markets like Indonesia

UVC: Erwin Arifin from StartupIndonesia.co on bridging the gap between founders and VCs, their method to rate the investability of a startup, and the dynamics of reverse pitching in increasingly competitive markets like Indonesia

Understanding VC is a deep dive on how Venture Capitalists work. In this episode, I talk to Erwin Arifin, co-founder at StartupIndonesia about his journey from business school to VC, and the lessons he learned along the way. Erwin shares his in-depth knowledge of the Indonesian startup ecosystem which he has acquired through years of networking with some of the biggest players in the market. He talks about the bridgeable gaps between founders and VCs which StartupIndonesia seeks to work on through some ingenious methods. He goes a little into the details of how StartupIndonesia functions and their much talked about SID point system which ascribes a comprehensively determined investability score to startups, which is followed by a brief discussion of a few methods which can help soonicorn companies grow into unicorns. Towards the end of the episode, he cites some of the issues which persist in the Indonesian startup ecosystem and how they can be resolved through prudent and persistent effort.


In this episode, you will learn:

  • What is StartupIndonesia? What are the services it provides to founders and VCs?
  • How relevant is the founders’ background to the fate of their startup? What comprises that background?
  • What do SID points signify for startups? What are the factors that affect these points?
  • How does StartupIndonesia facilitate more compatible matches between startups and VCs?
  • What is the foremost indicator of a startup’s potential according to most VCs?
  • What motivates VCs to reverse pitch to certain startups?
  • What is the Indonesian market lacking despite the presence of ample capital?
  • What are the ways soonicorn companies can expand their markets and eventually turn into unicorns?

About

Erwin is the Head of StartupIndonesia.co, an online market database and intelligence platform that connects Indonesian founders with investors. He was formerly an Investment Analyst at Angel-eQ – an angel investor’s network, before joining DBS as the Innovation Manager of Digibank. In 2018, Erwin was invited as one of the 35 international delegates at the ASES Summit by Stanford University. Afterwards, he then took the role of Project Manager of Idbyte Esports 2019, a biennial tech event by Bubu.com

Erwin Arifin Profile Photo

Erwin Arifin

Head of StartupIndonesia.co

Erwin is the Head of StartupIndonesia.co, an online market database and intelligence platform that connects Indonesian founders with investors. He was formerly an Investment Analyst at Angel-eQ – an angel investor’s network, before joining DBS as the Innovation Manager of Digibank. In 2018, Erwin was invited as one of the 35 international delegates at the ASES Summit by Stanford University. Afterwards, he then took the role of Project Manager of Idbyte Esports 2019, a biennial tech event by Bubu.com