About Contributor

Leighton Cosseboom
An American journalist providing English coverage on all things related to Indonesia's tech, venture capital, and startup scenes. I provide an international perspective on Jakarta's new enterprises and the ecosystem in which they exist.
Hey guys. Just to let you know. Mataharimall doesn't have 500 million. They actually have less than that. Here's an article that somewhat explains the situation: https://www.techinasia.com/indonesia-ecommerce-lazada-magnus-ekbom-interview/

Commented 7 hours ago on

Ardent’s Moxy enters Indonesia, believes women are key to its ecommerce dominance
Wow, 20 million restaurant bookings. Seems people in Singapore are really keen on reservations. I wonder why the same isn't so much true for Indonesia. I know Qraved has adjusted its offerings. Is it a culture thing? Or are restaurants in SG just busier so people feel the need for booking? See here: https://www.techinasia.com/indonesia-qraved-traffic-increase/

Commented 4 hours ago on

Online restaurant booking service Chope raises $8M, revenue doubled in past year
Who's model do you think is best?

Commented 4 hours ago on

O2-oh-no! Why Indonesia is a super tough market for on-demand startups
Very interesting. I hadn't thought of that. What do you think of just crowdsourcing the Magic/YesBoss reps? Like, let anyone sign up, and if they pass the screening test, they get a flexible job. Or do you think it's better to outsource to a call center-like operation?

Commented 4 hours ago on

O2-oh-no! Why Indonesia is a super tough market for on-demand startups
There likely is, especially considering the room for lateral movement Indonesia offers (logistics, courier, food delivery, on-demand services, B2B stuff). But it's just entertaining at the moment because both companies have such similar offerings and are attacking the personal transport niche.

Commented 4 hours ago on

Indonesia’s two-wheel war: GrabBike vs Go-Jek (INFOGRAPHIC)
That's funny you mention that Go-Jek drivers see to know their way around the city better. In theory, all the drivers should be roughly of the same skill and knowledge level because they're all locals. Unless of course, Go-Jek arms its drivers with a better navigation system on its internal company app.

Commented 4 hours ago on

Indonesia’s two-wheel war: GrabBike vs Go-Jek (INFOGRAPHIC)
Define natural. How about cybersex?

Commented 21 hours ago on

Gay marriage: why are Asian tech companies so silent?
Why not :) Perhaps it's step one to get folks thinking more about it in Asia.

Commented 21 hours ago on

Gay marriage: why are Asian tech companies so silent?
interesting perspective. Most startups in Indonesia (foreign and local alike) begin operating without paying taxes - without a PT. But Uber is a big and well-established company, so do you think it should just bite the bullet and set up a legal entity in Indonesia? If so, should GrabTaxi do the same? This is actually something that applies to all big incoming tech companies. But what about the little guys that don't have the resources to establish a PT? Should we say those guys just can't do business here, even if they're local? Moreover, how on Earth is the government going to enforce every single case. It seems impossible to police this.

Commented 4 days ago on

The Jakarta police’s Uber investigation raises many questions, and is likely just to appease taxi firms
Engaging post. Was wondering if you could provide specific examples of other brands, celebs, or prominent figure who are also executing brilliant social media strategies. Is there a one-size fits all strategy?

Commented 4 days ago on

More mad love, less bad blood: Taylor Swift’s PR tips for startups and SMEs
Engaging post. Was wondering if you could provide specific examples of other brands, celebs, or prominent figures that are also executing brilliant social media strategies. Is there a one-size fits all strategy?

Commented 4 days ago on

More mad love, less bad blood: Taylor Swift’s PR tips for startups and SMEs
Engaging post. Was wondering if you could provide specific examples of other brands, celebs, or prominent figures that are also executing brilliant social media strategies. Is there a one-size fits all Twitter strategy?

Commented 4 days ago on

More mad love, less bad blood: Taylor Swift’s PR tips for startups and SMEs
Hi Murni, indeed Go-Jek and GrabBike end up saving the user money because the fare is calculated based on distance, which is measured on a map within the app. This is definitely undercutting the traditional Ojek drivers, as those guys make their money by negotiating with the passenger (and often quoting higher prices arbitrarily). However, those guys are also able to join the game, put on green jackets, and get more customers through the apps.

Commented 4 days ago on

GrabBike and Go-Jek prepare for a street fight in Indonesia
Hi Murni, indeed Go-Jek and GrabBike end up saving the user money because the fare is calculated based on distance, which is measured on a map within the app. This is definitely undercutting the traditional Ojek drivers, as those guys make their money by negotiating with the passenger (and often quoting higher prices arbitrarily). However, those guys are also able to join the game, put on green jackets, and get more customers through the apps, so it just kind of comes down to how they want to go about things.

Commented 4 days ago on

GrabBike and Go-Jek prepare for a street fight in Indonesia
Hi Tytus, Leighton from TIA. Very refreshing post. I was wondering if you could share - without getting too specific - an instance when you said no, but should have said yes. Thanks,

Commented 5 days ago on

Confessions of a VC: Saying no to teams we like
Hi Tytus, Leighton from TIA. Very refreshing post. I was wondering if you could share - without getting too specific if you don't want to - an instance when you said no, but should have said yes. Thanks,

Commented 5 days ago on

Confessions of a VC: Saying no to teams we like
"Look down at your hands. Are you holding a term sheet? If not, the investor is saying no." Funny and also often true :) Although it would probably be super helpful for startups to more often hear the plain phrase "No, I'm not interested because _______." That way the founders won't continue to use up all their time and energy trying to get a particular VC interested.

Commented 5 days ago on

The hacker’s guide to investors (Infographic)
Ah okay. It seems the team wants the startups' identities to be a surprise.

Commented 5 days ago on

Tech in Asia Tour ready to invade Jakarta with a gang of elite investors
They are selected, but I need to check with the team if I can disclose who they are yet. Will get back on this.

Commented 5 days ago on

Tech in Asia Tour ready to invade Jakarta with a gang of elite investors
Hello Minhister, looks like Vietnam isn't on the list this time around. Let's ask Elisha to put it in for the Road to Jakarta.

Commented 5 days ago on

Tech in Asia Tour ready to invade Jakarta with a gang of elite investors
It's really tough to try and predict which companies will be exiting soon in Indonesia. A lot of it depends on the relative traction and success of the startup. Sometimes founders have no other option but to sell the majority stake of their firm. That said, we expect to see a lot of ecommerce consolidation in the next couple years. Perhaps the better question should be, are the exits meaningful? Is the company in good shape to go forward after the deal? Will it still continue to serve its core mission? or will it be systematically dismantled by the acquirer? It's probably still a long while before tech startups will IPO on the Indonesian Stock Exchange, so I wouldn't hold out hope for that anytime soon. So mostly likely, the types of exits in Indonesia will be acquisitions. Stay tuned for ecommerce companies gobbling each other up though in the archipelago. Also might be good to keep your eyes peeled for more M&A action in digital media.

Commented 7 days ago on

Which Indonesian startups are poised for an exit?
How much did Lamudi acquire Indonesia's PropertyKita for?

Commented 1 week ago on

We’re Paul and Kian, co-founders of Lamudi. Ask us anything!
It's probably a really bad idea to hire someone just because they get along with the team on Friday nights. I agree with David, it comes down to how they execute and if they support/encourage the rest of the team while doing so. If someone is a great worker but struggles with people skills, then it can drag the entire staff down. It's sort of an intangible quality to measure. But perhaps one must strike a balance between work performance and how they interact with the team to be labelled as a guy or gal who fits the culture.

Commented 1 week ago on

Is hiring for culture fit a good thing?
Damn, it feels good to be a gangster...

Commented 1 week ago on

Tech in Asia raises $4M from SB ISAT Fund, Facebook’s Saverin and more
Good one: Release your fucking product already!

Commented 2 weeks ago on

Great fucking startup advice
Yeah, this makes perfect sense. The last thing founders should do is build a certain type of company because there are increasingly high valuations flying around in that particular niche. Seems like a sure path to failure. Additionally, part of being a great investor should be to set personal benchmarks for yourself and recognize when companies are being over valued. Must be able to answer the question: If all my friends are jumping off a bridge, would I do it too?

Commented 2 weeks ago on

Is there a bubble? (Ans: It’s doesn’t matter)
If what you mention is true about these regulations being driven by the government's need to create vulnerability in a blooming business space, then it's a very sad day for Indonesia indeed. In my opinion, it' a predatory move, much like the local police pulling people over for no reason and demanding a handout. Surely these laws would not be enforced universally, but only when and where those in charge see opportunity to pad their wallets.

Commented 2 weeks ago on

Could over-regulation kill ecommerce in Indonesia?
This is how it starts....Does anyone have any quick facts they can share on the progress of artificial intelligence in recent years? I just want to know how much of a breakthrough this robot really is.

Commented 2 weeks ago on

Pepper robot goes on sale as SoftBank announces $589M joint venture with Alibaba, Foxconn
heh heh, and the green color too. First glance it's like, "eh Tokopedia app?" oh no, no

Commented 2 weeks ago on

Tokopoket is a new pocket-sized marketplace in Indonesia
If this was affordable and available in Indonesia, it would be a real revelation. What would it take to manufacture these on a large scale and sell at a comparable price to gas powered motorbikes?

Commented 2 weeks ago on

Gogoro electric ‘smart scooter’ gets launch date, priced at hefty $4k+