startups related to technological innovation occurred in the late 90s to early 2000s. ... Since the occurrence of the bubble .com phenomenon, many new businesses have started to appear in the technology sector. The new business or business is then given the term startup. Startup does not just appear in the community. There is a brief history of the founding or emergence of this startup business. The early history of startups related to technological innovation occurred in the late 90s to early 2000s. At that time a phenomenon called the bubble dot com occurred.
What is the bubble dot com phenomenon? In the late 90's the internet began to be widely used in various parts of the world, especially in developed countries. because that's why existing companies are flocking to build their own websites.
The average website created at that time used the dot com domain. Due to the increasing number of company websites with .com domains, this phenomenon is called the .com bubble.
Since the occurrence of the bubble .com phenomenon, many new businesses have emerged in the technology sector. The new business or venture is then given the term startup. Not all companies that have just been established or are pioneering are called start-ups. There are several criteria that must be met by a company to be called a startup.
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These criteria include:
Company established less than 3 years
The company has less than 20 employees
The income generated by the company is still less than 100,000 dollars per year
This company is engaged in technology or innovation that utilizes technology
Still under development and not yet stable
A company can be said to be a start-up if its operations use a website
From the criteria mentioned above, we know that a company is called a start-up if its business is engaged in technology. More precisely information and communication technology by utilizing digital media.
Indonesia does not want to be outdone by other countries in producing startup companies. Even the government is also holding a program of 1000 digital startups to look for superior seeds. Indonesia is one of the countries with great potential for startup development.
Internet users in Indonesia are increasing every day. Improving the quality of internet networks throughout Indonesia and the increasingly affordable price of smartphones also contributed to the increase in the number of internet users in Indonesia. This is the reason why startup businesses can develop well.
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In Indonesia itself, many start-up businesses have sprung up that help the community in solving problems. There are three fields of choice for Indonesian startups, the fields in question include:
Startups engaged in the trade economy or e-commerce
Startups engaged in education or education
Startups that provide games or games
Of the three fields chosen by Indonesian startups, game providers and educational or educational services have great opportunities. The increasing use of social media is also a contributing factor to the success of startups
For start-ups engaged in trade or e-commerce, there is one obstacle that is still quite serious. The use of credit cards and digital wallets in Indonesia is still very minimal. People still prefer to use cash and ATM machines for transactions. This is considered less effective for developing an e-commerce business.
Along with the increasing number of startups that have sprung up, startup founders have also established various communities. This community is still regionally based. Some of the stand-up communities in Indonesia include:
Station.org. This community is an association of local understand ups in Malang, East Java.
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ekonomi