Being a Founder is a Privilege

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Michael Pryor, CEO of Trello, was up on stage at SaaStr 2017 (a conference for Software as a Service/cloud software) and as I watched the interview with Jason Lemkin (SaaStr), he mentioned something that I’d love to highlight.

“I’d like to mention that I came from a very privileged background as a white male and with high education and a nice family to back me up”

Something similar to that.

And the point being, if he wasn’t all that, he might or he could not have started Trello.

While diversity and gender are all the rage in Silicon Valley, we might not highlight it enough in the SE Asia region, or specifically in Indonesia.

Events and conferences might not highlight or showcase this but if you dig deeper into funded startups in Indonesia, you can see a trend where most funded tech startups are founded by founders who have studied overseas and came back. In fact, 2 out of 3 unicorns in Indonesia are founded with such background. Which I’m kind of dumbfounded of a VC who announced they will only invest in such background, while the market reality is already happened that way.

Founders with such background has a safety net where they can take the highest risk and if the company was shut down – they will always can go back to their family business (however small or big they might be)

Despite not being part of such background, I still want to be thankful of the fact that I have a supportive family, I don’t have to work to support each and every one of my family, and even if I failed (knock wood) – I know I can find a decent job. I have all the time to learn languages by myself through the internet (fluent in English and Korean now). I definitely would state that I am privileged and thanking God for it.

This lack of diversity will also resulted in less snowball effect as the rich gets richer and might have less rags to riches story from tech. Again, I’d love to applaud William Tanuwijaya (which went to the same university as I did) as he might be the poster boy for that story.

Here’s to hoping there will be more diversity of (funded) startup founders in Indonesia and in the region.

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