Herston Powers of 1982 Ventures shares his views on venture capital, fund raising, company building, talent and culture to a group of entrepreneurs in Jakarta, Indonesia.

A common theme that continues to frustrate founders is how best to set and scale company culture.

Tawashi, an Indonesian community of conscious entrepreneurs, hosted an expert sharing session in Jakarta.  The event was organized in partnership with Alami, a Sharia-compliant fintech, and Sagaleh, a Jakarta-based coffee chain.  Entrepreneurs from a wide range of sectors and stages participated in the event with Dima Djani, CEO of Alami, interviewing Herston Powers, Managing Partner at 1982 Ventures.

The event was the first session of a series that aims to bring together entrepreneurs in Indonesia to discuss and learn about major topics facing businesses.  Herston was invited to speak about fund raising from venture capital funds and help demystify the process for founders.  The session forced companies to determine if they were a fit for VC funding in the first place and what to expect when accepting a VC cheque.

“high potential for digital adoption and implementation of growth strategies to scaleup the top-line revenue and efficiency”

"Indonesia being a relatively young market for start-ups, requires alignment of expectations between investors and founders from the beginning. A growing number of traditional and service businesses thriving for the success of the fintech sector demonstrates high potential for digital adoption and implementation of growth strategies to scaleup the top-line revenue and efficiency," stated Guzelya Marisova, a seasoned tech strategist focused on Southeast Asian and European markets.

Founders that participated in the session had the opportunity to express their thoughts on the market and share how they deal with key challenges.  A common theme that continues to frustrate founders is how best to set and scale company culture.

“WE welcome the opportunity to support and listen to the next generation of founders”

Herston stated, “We always welcome the opportunity to support and listen to the next generation of Indonesian founders.  Frankly, the level of focus and attention these founders put on building their teams and overcoming challenges with regards to setting the right organizational culture is encouraging.