East Ventures on Instagram: "At our 10th Anniversary event, Melisa Irene had a very interesting panel discussion with Winston Utomo and William Utomo (@idnmedia ‘s founders), Moses Lo (@xendit ‘s CEO), and Agung Bezharie (@warungpintar.co ‘s CEO). They talked about the pain points they experienced as founders, how they came back form the suffering, and also the hardest decisions that they had to make. . Winston shared how he was too focused on product and missed on cash flow monitoring. In February 2016, IDN Media ran out of money and Winston had to borrow money just to survive from month to month. However, with determination they successfully received Series A funding, realign their focus, and succeeded to grow again. . Moses recalled his first time coming to Indonesia and trying to learn how to build a business in the country. . While Agung explained how he was able to build Warung Pintar from a small team to about 400 people today. According to him, in order to make users satisfied and happy, you have to make sure that everything and everyone in your organization serves the same purpose. . Watch the full session in this video: bit.ly/EVGrowingPain . #eastventures #startup #venturecapital #ADecadeOfImpact"

eastventures

View this post on Instagram

A post shared by East Ventures (@eastventures)