Start-up Business Model to Change
The business model is expected to either change or at least be adjusted in line with the changing mindsets among investors wishing for better business projections.
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Online ojek (motorcycle taxi) drivers wait for passengers outside Karet Railway Station in Central Jakarta on Sept. 3, 2019 (3/9/2019).
Challenges are ahead in the creation and development of Indonesian start-ups, as investors are beginning to be wary of putting their money into these small businesses following a handful of troublesome funding cases emerging worldwide.
JAKARTA, KOMPAS — Indonesian start-ups may no longer be able to rely on the old way of spending huge sums of money to attract new customers. The business model is expected to either change or at least be adjusted in line with the changing mindsets among investors wishing for better business projections.