At our third Tech In Asia Meetup in Jakarta, we will be inviting Eka Himawan, co-founder of Bilna, to share some tips with us about the art of spending money. All startups and entrepreneurs are invited to join us for this event!
Content of the keynote:
Eka Himawan will be speaking on several rules of thumb when it comes to spending money. This applies to startups in all different stages of funding:
Goal: Define the goals of each expenditure. For example, the main goal of seed stage startups is to set up initial operations while series A startups are more likely to look at revenue and growth.
Budget: Determine the size of spending. Overspending is bad, and underspending equally so.
Measure: Based on the goal and budget that a startup has set, constant measures are required to gauge if return-on-investment targets are met. It doesn’t have to be revenues or profits all the time; it could be based on customer satisfaction, or even just getting traction.
Control: This probably applies less to bootstrapping stages since all control of money is in the hands of the startup. However, once the startup grows to a sizeable organization, it needs to make sure the organization can spend smoothly and make sure there are no leaks.
If you are interested, join us on April 15, 6p.m @ Ciputra GEPI Incubator. Tickets for Tech in Asia Meetup are free but grab them fast while stocks last!
Please click here to register
6.00pm – 7.00pm: Registration & Dinner
7.00pm – 7.45pm: [Keynote]: The art of spending money
8.00pm – 8.15pm: Q&A
8.15pm – 9.00pm: Networking
Ciputra GEPI Incubator
DBS Tower 9th Floor, Ciputra World I
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta, Indonesia 12940
About The Speaker: Eka Himawan
Eka is the co-founder of Bilna since July 2012. He joined directly from Barclays Capital where he helped companies raise more than US$2 billion. With Eka’s primary focus on technology investments, he managed to close $600 million of funds at Independence Capital Asset Partners, a Denver Based Fundamental Hedge fund. Eka graduated with a Bachelor of Science in Electrical Engineering from Purdue University.