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alikolo was an Indonesian e-Commerce Marketplace.
2014 – 2015
Founded by Danny Taniwan
Raised $100,000 in 1 round
Backed by 2 investors
Reasons for Failure
A majority of company stake was sold to investors that were not experienced in line of business.
Inability to lock in another round of funding.
Lack of experience in creating and running a company.
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