Translation Results Requested Through Conyac Made Public

There is a common opinion among internet players in Indonesia that if you want to build a successful internet business in Indonesia now, you should not try to create a new type of business model, instead you should just create a “time machine” business.

When we list internet company that emerge as a winner from the first dot-com bubble, like Ebay, Paypal, Amazon, Yahoo etc. At a glance these companies are from the following categories :

Most of recent startups in Indonesia that able to secure funding is actually from the above categories. Starting a company is hard and we can see how wanting to hedge risk by leveraging an already proven idea can make sense for some type of entrepreneurs and investors.