Jakarta, CNBC Indonesia – Startups in Indonesia are facing the shock of corporate instability so they have to lay off many of their employees. Running out of funds and the absence of major needs are considered to be the main problems why startups are rocked by the storm of layoffs.
In addition, managerial factors such as lack of experience and a clear vision from the founders of the company and companies that are less focused on running a business are other contributing factors.
Regarding this matter, the President Director of Binar Academy, Alamanda Shantika, also spoke up. According to him, it takes a lot of time for the ecosystem to calibrate.
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“A lot of people have asked me about the recent explosion, and all I can say is #iToldYouSo,” Alamanda was quoted as saying by Linkedin on Sunday (10/7).
For this reason, this female programmer who once worked as Gojek’s Vice President of Product ventured to build the Binar Academy with the aim of accelerating the availability of talent.
Binar Academy was built in order to balance supply and demand. Alamanda also admitted that not many people wanted to do that at that time.
“And for this purpose with all the ups and downs you’ve been through, Dita Aisyah Ignasius Setolareno and I bootstrapped for Binar for 4 years,” he explained.
The process, he wrote, would test the entrepreneurial mentality. “Are we really ready? We count every penny and make sure all resources are maximized,” he said.
With the decision to bootstrap, he said it would teach him to build a strong and healthy foundation. This includes thinking about ways to develop a healthy unit.
The woman who also occupies a position on the board of commissioners of Mandiri Capital and Blue Bird added that the size and success of a startup cannot be judged solely on the success of raising millions of dollars in funding.
Not to forget, Ala also praised companies that can develop without the support of capital injections from investors and they deserve to be highlighted.
Launching Detik.com in 2016, he said that at that time the startup ecosystem was starting to become unhealthy, especially regarding employee piracy. As well as new startups appear and offer fantastic salaries.
At that time, Alamanda had even expressed his fear of a startup bubble just like what happened with dotcoms. This will make the company unable to pay the salaries of its employees.
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Not only Indonesia, the ‘Tsunami’ layoffs also hit startups in India
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