In 2023, the so-called “tech winter” was still abound. Many startups, both globally and in Indonesia suffering layoffs — some even shut down. But what about 2024?
In a conversation with SEA Today, Roderick Purwana, Managing Partner at East Ventures, expressed his thoughts on the matter. “2024 is a year where we will have multiple elections globally, so during these times, people tend to ‘wait and see’ or try to understand the market. We don’t think 2024 will be that much of a difference than last year in terms of investment activities — but we are hopeful and starting to see signs of activities and people are deploying more capitals into the market.”