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alikolo

alikolo

alikolo was an Indonesian e-Commerce Marketplace.

eCommerce
2014 – 2015
Jakarta, Indonesia
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.

Competitors

No competitor data found. Please send us a report if you know of any competitors.

Sources: This guy’s story of failing in Indonesia is refreshingly honest. Now he’s getting up and trying again