Life After COVID-19: What Will Be The New Normal?

In this webinar session i learn a lot of new things especially with matters relating to business startup, lot of insights come from Mr. Eddi Danusaputro because he's also works at venture capital. So here is the summary :

1. Investors will be looking for a startup that can generates profit faster than before

2. Startup about traveling will be reduced

3. A lot of company trend will be more selective when it comes to hiring new employee and all employees won't work full time

4. Startup: startup workers will be given employee stock (to bind the employees from leaving the company)

   • Startup can be listed at Stock Exchange in order to get funding (with the terms: could already generate profit) so it can be an alternative besides looking for funding to venture capital

5. Makes defense and offense scenario

DO & DON’Ts (terms for startup in entering new normal era)

1. Investor won't investing if:

- Founder: only single person (only one person that

regulates the startup) or too many people that running the startup (9-10). 3-5 person is

the ideal number

- Investor will analyze your business model and things like "how will you get your

revenue" whether from freemium or subscription package will be considered as

revenue source

2. Don’t: be ordinary, don’t be afraid to be different yet don't (be) against the government too

much

3. Do: stay on the ground, keep your attitude and keep on learning

WHAT KINDS OF BUSINESS THAT WILL BE A HITS AFTER COVID:

1. Gaming, e-sports: for stress release

2. Education tech: because there will be a lot of school that can't be opened yet after the pandemic

3. hyper local community: people tend to be more active at doing everything from home, example; selling from home

4. venture debt: (credit from venture capital for startup; selling stocks to get funded)