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> 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 teach
by linkregister 9y ago
> 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.
- indescions_2017 9y agoWill 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: Video: Indonesia is the next hyper-growth market https://www.kauffmanfellows.org/video-indonesia-is-the-next-hyper-growth-market/ https://www.kauffmanfellows.org/video-indonesia-is-the-next-... Convergence Ventures | Companies http://www.convergencevc.com/companies/ http://www.convergencevc.com/companies/