East Ventures on Instagram: "The funding winter is here. News of layoffs and troubles in startups have been cropping up. In a recent interview with @techinasia, Roderick Purwana, Managing Partner of East Ventures, shares his insights on how the current recession is impacting Indonesia's economy. “East Ventures has already done 22 funding deals in Q1 2022 (from 10 funding deals in Q1 2021). So it will be quite difficult to increase the pace [of funding deals] from there. But we’re coming into a market that has shifted in terms of expectations, especially in the public markets. We’re seeing a repricing of some of the deals, especially with companies in the later stages. Maybe expectation of valuations will shift as well in the next six to 12 months,” said Roderick. Read Roderick's full insights by scanning the QR code on he last page, or simply head to: east.vc/roderick-tia #EastVentures"