East Ventures on Instagram: "Albert Lucius and Agung Nugroho met Willson Cuaca, co-founder and Managing Partner of East Ventures, for the first time at a gathering of the Indonesian Professional Association (IPA) in Silicon Valley. They patiently waited until the event that was held in a restaurant finished and then began discussing their startup privately with Willson. The restaurant was about to close, so the trio moved to a dark cafe across the street. . Willson made a snap decision to quickly throw an offer on the table, and the three shook hands in the dark while the cafe was closing. The term sheet was sent to both co-founders the same night. . “At the end, it’s about trust. I trust Willson,” Lucius says. “You just need five minutes to determine if the person is trustworthy. Sometimes, it just clicks.” . None of them could have known it at the time, but Willson’s quick-draw decision to invest in @kudo_indonesia at a nearly closed cafe in Redwood City would cost quite a bit for Southeast Asia’s ride-hailing behemoth Grab three years later. . Kudo is the first local startup to successfully in getting into major acquisition in Indonesia. This acquisition then give precedent to other acquisitions in the country. . Kudo’s journey is without a doubt one the region’s most inspiring stories. It serves as living proof that persistent entrepreneurs can build multi-million dollar businesses in just 2.5 years’ time. Sometimes, all it takes is conviction from investors from day one, even when the company itself is still just a vision. . Full story: bit.ly/EVkudo . #eastventures #startup #venturecapital"