S2E3 | Unlocking the Trillion dollar SEA Startup Ecosystem – the Indonesia’s context with Gary Khoeng

Indonesia is the largest market in Southeast Asia but with a nascent startup ecosystem, how can entrepreneurs navigate rapid growth while ensuring bottom-line profitability? In this episode of Hard Truths By Vertex, Gary Khoeng shares insights on Indonesia’s startup landscape. Covering topics across profitability, unit economics, and internal governance, Gary provides a pragmatic understanding for navigating the challenges of the evolving market. This episode offers key considerations for those aiming to tap into Indonesia’s startup opportunities within the broader Southeast Asian context. Tune in now!

Discussion Topics: Unlocking the Trillion dollar SEA Startup Ecosystem

• Starting the Vertex Journey
• Growth of Fintech in Indonesia
• What are some notable trends in the Indonesian ecosystem?
• Advice for investing in the Indonesian market
• How to reach out to Vertex for funding?
• How does Vertex support its portfolio companies
• At what point should the startup business aim to be profitable?
• Advice for first time founders

Our Guest: Gary Khoeng

Gary Khoeng is a Partner of Investment at Vertex Ventures Southeast East Asia and India and is the first to set up the team in Indonesia. He has spent most of his career in financial services and management consulting at the Boston Consulting Group in Jakarta before joining Vertex. At BCG, he covered both banks and FMCG clients across South East Asia. Prior to BCG, Gary worked at Citigroup’s Institutional Clients Group in New York, Singapore, and Hong Kong.