> The fact that in Jakarta you can hire a fresh, world-class engineering graduate for $500 a month to come work for you!
That's nuts, considering English teachers make about $1000 per month. Then again, there's such a dearth of opportunity for talent in Indonesia that I don't doubt your figure at all. I can't count how many engineering graduates from Bandung I met who are low-skilled office or vocational careers.
I noticed you didn't mention government connections to the startup. At some point they need to either pay unsustainable bribes or call a highly-placed friend or relative to stay in business, or so I have been led to believe.
Jakarta is an amazing city. I would love to use a product developed in Indonesia. I hope to see that startup's Show HN sometime soon.
Will definitely post 6 months or so from today! And maybe in a year you can buy my shares ;)
For now, check out this interview with Adrian Li, partner at Convergence Ventures, dedicated to seed investments in Indonesian startups, as well as their portfolio:
That's nuts, considering English teachers make about $1000 per month. Then again, there's such a dearth of opportunity for talent in Indonesia that I don't doubt your figure at all. I can't count how many engineering graduates from Bandung I met who are low-skilled office or vocational careers.
I noticed you didn't mention government connections to the startup. At some point they need to either pay unsustainable bribes or call a highly-placed friend or relative to stay in business, or so I have been led to believe.
Jakarta is an amazing city. I would love to use a product developed in Indonesia. I hope to see that startup's Show HN sometime soon.