Summit video: Startups were 'whiplashed' too quickly into profitability mode

Summit video: Startups were 'whiplashed' too quickly into profitability mode

Patrick Yip of Intudo Ventures, Jared Baragar of Abound Capital, Felix Saputra of SATU Dental, Ventures, Nicholas Tyson of K3 Ventures, and Kristie Neo of DealStreetAsia discussing Indonesia’s consumer startups at the Indonesia PE-VC Summit 2024.

For consumer startups in Southeast Asia, the expectation to shift gears from growth mode to profitability mode may have been too sudden, said industry players at DealStreetAsia’s Indonesia PE-VC Summit 2024 in Jakarta on Jan. 25.

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