The Big Picture

Indonesia 2020: Investors say opportunities still abound despite downturn risk, past year's flops

  • Indonesia
  • 7 min read
  • Jan 08, 2020
  • By Putu Agung Wija Putera

By Lu Shu © CompassList

VCs weigh in on deal flows, valuations, the sectors they favor, and chances of more tech IPOs 

After the longest bull market run in history, investors are bracing for an impending economic downturn. The global economy may weaken to its slowest growth rate since the 2008 financial crisis and get “stuck in a long period of low growth,” the OECD has warned. Other organizations, such as the IMF and the UN Conference on Trade and Development, have voiced similarly bearish sentiments.
In Indonesia, VCs and other startup investors are warning about a downturn as well. Tech companies would find it “challenging” to raise funding the next two years, Raditya Pramana, Partner at Venturra Discove...

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Edited by Bernice Tang

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