41 JAKARTA

Indonesia’s 250 million people have contributed to making Jakarta one of the most vibrant startup scenes in Southeast Asia. There are as many new companies as Indonesia’s 18,000 islands, including GoJek, which aims to be Indonesia’s uber Uber. With its frenetic pace of life, 24-7 malls, and rush hour that makes LA look like a stroll in the park, Jakarta is also called the Big Durian, the equivalent of the Big Apple (NYC) in Indonesia. With the 4th largest population in the world living on an archipelago, the next billion dollar opportunity will surface in infrastructure, logistics, finance, and other “hard” problems.

VENTURE ACTIVITY Q4’15 - Q3’16

VC FUNDING: $1.2B

DEALS: 76

EXITS 12

2 YEAR YoY FUNDING GROWTH: 188.8%

5 YEAR YoY DEAL GROWTH: 80.2%

Source: CB Insights

DRAPER DYNASTY

If there is a VC family dynasty, it is unquestionably the Drapers. Starting with General William Henry Draper, who founded the West Coast’s first venture capital firm, Draper, Gaither and Anderson, in 1958, there have been four generations of Drapers who have entered the family business. Baidu, Tesla, and Skype are but a few of the gamechangers the Drapers have backed. Not only investors in innovation but entrepreneurs as well, the Drapers have started their own VC network, a collection of online entrepreneurship classes, and an accelerator focused on Bitcoin and VR startups.

The Draper Family picure (L to R): Billy Draper, Adam Draper, Bill Draper, Tim Draper, Jesse Draper

The SILICON VALLEY Job Board

Like many things in Silicon Valley, job titles are in their own Reality Distortion Field. Here are a few of the most unique job titles at top companies, as compared to what they actually mean in real life.

Sherpa Ethnic group from Nepal; one of the elite mountaineers of the Himalayas.

Innovation Sherpa: William Bunce—tasked with leading innovation at Microsoft; studied innovation at a culinary school.

Prophet Individual claiming to have been contacted by the divine who delivers newfound knowledge about the future.

Digital Prophet: David Shing, AOL, tasked with making predictions about the future for AOL; his hair is so big because it’s full of secrets.

Curator A content specialist charged with the task of maintaining an institution’s collection of heritage goods.

Chief Curator: Michael Moskowitz, eBay—Michael decides which used iPod or gently used fake Prada bag to feature on the front page.

Researcher Highly educated individual who aims to study the world’s most complex problems, like spontaneous generation.

Nathan Juergenson, researcher, Snapchat, student studying the complexities of disappearing digital photos… spontaneous elimination?

Philosopher A person who offers theories on profound questions in ethics and logic.

Damon Horowitz, in-house philosopher, waxes poetic about the boundaries of technology and humanities. Also moonlights as Google’s director of engineering.

Genius Someone who claims to be Albert Einstein-ian in a certain field of study… and usually is.

Genius (Apple): Someone who fixes your computer… by turning it off and on.

Galactic Viceroy of Research Excellence

Real Job Title: Let’s face it. There’s no Galactic Viceroy of ANYTHING on this planet.

James Mickens (Microsoft), self-proclaimed title; but in reality the guy from The Martian was able to grow potatoes on Mars, so he’s the REAL Galactic Viceroy of Research Excellence.

41

JAKARTA

VENTURE ACTIVITY Q4’15 - Q3’16

JAKARTA AT A GLANCE

Power Breakfast

Coffee Shops to Start Up In

Best Bars

Local Beer

“Must Be At” Local Events

In the Know

THE TOP

ANGELS

VCs

ACCELERATORS

ENTREPRENEURSHIP EVENTS

Q4’15 - Q3’16 TOP FUNDING ROUNDS

DRAPER DYNASTY

The SILICON VALLEY Job Board