Start ups tend not to exist without one entrepreneur, but success often comes when a group of like-minded individuals are brought together to execute the dream. But how do you bring the right people to the right place at the right time? That is when the fun starts.
Another challenge, according to Stefan Jung, managing partner at Jakarta-based venture-capital firm Venturra Capital, is talent. “By far the biggest limiting factor is the quantity of top entrepreneurs,” he said. While hot spots like Silicon Valley are teeming with tech industry veterans who can provide mentoring and money, “there are few entrepreneurs and investors who have the insights on nuances of each of the countries in the region,” Mr. Jung said. Still, many recent investors haven't been deterred by such obstacles.