Indonesia is the world’s 4th most populated country with almost 280 million people. Its enormous size plus strong economy has enabled its exploding tech ecosystem with 6 unicorns in just 4 years. The largest being ride hailing superapp, Go-jek, valued at $10B. No surprise given Indonesians are obsessed with mobile tech and internet penetration stands at 73%. Indonesians are culturally very social and high on trust, driving network effects, and the collection of tons of data enabling better services . Around 50% of the people are under 30 years old with 70% of millennials saying they want to be startup founders. Every year new unicorns spawn bringing along it a healthy venture capital scene with pre-series A rounds starting at $5-10M. Even Jay-Z invested in Indonesian startups! Could Indonesia be the next China in terms of startup tech growth?