Places to go in Indonesia to get your startup, started!
REDDOORZ SINGAPORE AN OYO WITH SINGAPOREAN CHARACTERISTICS
Money Raised: Close to $20 million Headline Investors: Jungle Ventures, Susquehanna International Group and InnoVen Capital
Skift Take: Launched in 2015, RedDoorz is a network of budget branded lodging, with more than 500 properties primarily in Indonesia but also in Singapore and the Philippines. Yes, the company is mimicking a model that others pioneered in India. But we bet that its executives, led by co-founder and CEO Amit Saberwal, have the rare skills needed to lead their team of 180 workers in fending off looming competition from Chinese-owned budget hotels.
Crypto is real folks.
I have yet to have the time to dig in – saving this one for later.
This is such a good read. Long – but crazy worth it.
I have highlighted the paragraph that the rest of the article supports so you can get a sense of why to dig in.
For me, in strategic planning, the question in building my forecast was to flush out what I call the invisible asymptote: a ceiling that our growth curve would bump its head against if we continued down our current path. It’s an important concept to understand for many people in a company, whether a CEO, a product person, or, as I was back then, a planner in finance.
Hadn’t seen this before. I think it makes some fair points and is a good reminder of , doing right by users, and 2, that great platforms help everyone using the platform get better, not just the platform.