East Ventures on Instagram: "Ten years ago, few could foresee the enormous potential in Indonesia's digital ecosystem. For newly-founded East Ventures, three factors drove its belief that there was something special brewing under the radar: 1. Small internet penetration in huge population country 2. Natural digital adoption 3. Rapid mobile penetration . At the time, no one else took Indonesia's potential seriously or even understood the digital ecosystem. Yes, digital technology allowed just about anyone to start and build their own innovations—the internet helped remove many barriers to entry and opened up access to information to everyone. . However, it was still challenging to get started back then. We knew we needed an out-of-the-box, innovative mindset to move the flywheel, and we realized that the VC approach could solve this problem. . Our successful meetings with more than 300 founders over the last ten years are proof of this hypothesis. Some of these include William Tanuwijaya and Leontinus Alpha Edison from @tokopedia ; Jason Lamuda and Ferry Tenka from Disdus; Ferry Unardi and Derianto Kusuma from @traveloka ; Albert Lucius and Agung Nugroho from @kudo_indonesia ; Edi Sulistyo from @loketcom ; Haryanto Tanjo and Grady Laksmono from @mokapos ; John Marco Rasjid, Chrisanti Indiana, and Christopher Madiam from @sociolla ; and Belva Devara and Iman Usman from @ruangguru . They are all young, understand technology, have dreams, and need opportunities. . We've shown through the years that investments from East Ventures are not purely mathematical calculations, but investments from the heart. . You can read the full story in this @katadatacoid ‘s article: bit.ly/EVcakrawala . #eastventures #startup #venturecapital"