05 Feb '11, 2pm

Asia headline: Indonesia is a rising nation for tech start-ups! via @Adri_Ponsen

Asia headline: Indonesia is a rising nation for tech start-ups! via @Adri_Ponsen

When we think about start-up nations, U.S, Europe, Japan and China quickly come to mind. But watch out for Indonesia as investors are keeping a close watch on the country. There are several reasons why. Firstly, Indonesia is a huge market. It is the world’s fourth most populous country in the world housing 240 million people. Secondly, young Indonesians are extremely tech-savvy. Despite a low Internet penetration rate, Indonesia is the second largest and fourth largest nation in terms of number of Facebook and Twitter users respectively. Thirdly, Indonesians are inspired by what has happened in the U.S. The nation seems be more acceptable to risk taking. This is just my opinion. Lastly, Indonesia is attractive because of its low cost and huge market potential. This potential is highlighted with real cash, not just talks. East Ventures, a Singapore-based private equity firm...

Full article: http://www.youngupstarts.com/2011/02/05/indonesia-the-ris...

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