Understanding VC is a deep dive on how Venture Capitalists work. In this episode, I talk to Aldi Adrian Hartanto Partner at Arise, an early-stage VC fund in partnership with Telkom Indonesia-backed MDI Ventures and Bank BCA-backed Finch Capital. Aldi shares with us his knowledge about two things that are often overlooked in the early stages of startups, especially while implementing due diligence: finance and budgeting. He talks about his experience working with Japanese LPs, the kind of work ethic that they uphold. He explains his due diligence process, and how it is different from the conventional methods. In response to the question about the kind of companies he is interested in, he mentions his concept of “venture indexing”, and the ways in which it has come to replace venture investing for him. Towards the end of the conversation, Aldi shares his insights on the stereotypes attached to Corporate VCs, and the correct way for founders to find the perfect investment match for their company.