Endgame with Gita Wirjawan - Andre Soelistyo: Bits and Atoms - What’s Next for GoTo?

Episode Date: January 31, 2023

In hindsight, how would GoTo have done things differently? After the spectacular merger, are they still too big to fail? CEO and Co-Founder of GoTo Group, Andre Soelistyo, brings up the hurdles behind the ‘marriage’ of two tech giants in the country—and how they have been overcoming it. He also touches on the importance of conserving a perfect competition environment, transforming Indonesia into a high-tech enabler, to what is next for the holding company? #GitaWirjawan #AndreSoelistyo #GOTO ----------------- Guidelines and takeaways: https://endgame.id/eps119notes ----------------- Pre-Order the official Endgame merchandise: https://wa.me/628119182045 SGPP Indonesia Master of Public Policy March 2023 Intake: admissions.sgpp.ac.id [e-mail] https://wa.me/628111522504 Other "Endgame" episode Playlist: https://endgame.id/season2 https://endgame.id/season1 https://endgame.id/thetake

And, I mean, I don't happen we're just complacent as as a entrepreneur, or other than in the badang

technology, that we're relying on low tech. We're really obsessed. And this is because the stigma

the founder that maybe can be become. The company who have product that engage their customer because

of the product, not because it's cheap. It will always what name is survive and long-lasting, to bebeambeam, rather thrive. This is end game.

Hello, my friend, today we're coming from Andre Solisdio, the mimpinan from GoTo. Thank you. Thank you very. We're going to hearin

this, many from you. You're a manned from one one one person that's

big but also very important for the day of people who people who actually

Asia and America. But how did you get here? Tell from from the middle from

where, school at where and then yantol where just before to go

Jack and God God I'm I'm I'm I'm from

but asly the Indian yeah uh Uh, uh, I guess

I'm a doctor, and when heo want to get specialist, uh, Biasa, during the people,

senior or to doctorate to to German, school, gratis. So, many, can,

alumni from the German, Germany, um, so it's, um, um, numpang,

there, um, um, um, um, two- time, back to Jakarta,

after I have to start in Indonesia the child from three brothersodara the most bontot

like not disengager out of the because I'm better 10 years with my my car

my last 3 83 July July 22 22 yeah

yeah yeah um Masa in in Jakarta so school

all in Jakarta I was grown into a good family given opportunity to learn a lot. Good school, Santa Maria, S.D. Sampi, S.M.A. to Therrecia, because I'm from Serfiam.

So, Tresa in Teresa. So, yeah, pretty standard. But, maybe from the little, if, if, if, if, if, I'm very amazed about something that is in order. Then how do you build things?

German. Yeah, maybe that's because of the background of my dad, the types of toys I really enjoyed to play was Lego. Because it's finite and it has kind of ideas how you construct things. And when you see the end of course. And logis. And you see that an output is beautiful. So, so until

still, until now, it's still, if you're like to make it, like, so, like, so, so, so, so, so. So, so, so. So, so. Yeah, maybe for another day. So,

so. So, so. So, I developed the sense of love to things that's like, engineering, that, you know,

everything is mathematical. So, you can calculate, you can optimize, But then there's a lot of magic in terms of how some very simple mathematical equation can actually create an output that is so meaningful. So, that's, and it's, and it's not great in a lot of things. I mean, math is my specialty. We've gone, okay.

So that was the beginning. Then when I was after I was in the SMA, got an opportunity to go to Australia. Dmitney. I went to UTS, to computer science. So, that, I think of it was, engineering or computer engineering. And obviously at that time,

it's actually something that is a lot more innovative and stuff. New thing, you know, programming, and, like, and then, then, and then, UTS now, university of the technology city. So, did my university okay. But yeah, I think during that time, I get to actually enjoy more on doing other things.

Maybe that's a, I just a little alasan bea going to school like, so. So some of the things, I actually joined the Indonesian organization. So if in America, there's name is Permian. If in Australia, it's name is PPA. Perimpanal, Placar, Indonesia, Australia. And then I went to become the head for New South Wales, which is Sydney and the,

the whole thing. So we do a lot of things. And then on the side hustle, I also organized events. So we, what, we, what, we, what we, what, we, what, we, what, we, what, we, what, what, I, I, I decided to just organize events. And, kind of, kind of, like, dance party, so, so. And, so on, too, to find a lot.

To find a living. But what's amazing about those experiences is the organizational element of it. how you rely on each other to actually, you know, deliver a common goal. In the, of the, of the event, that's a little, a bit, a bit, like, how do you fundraise, that is sponsor, to get the P&L, that project to be positive.

Little that you know. Little that you know. That you know. So, it's going to be fun. So, yeah, just it'sang just. something new, nothing relating to the main education. We also, we're doing

produce movie in there. What? In fact, small, small. Part project. And the actor people, people,

yeah, people, yeah, who's, who's, the otherarang he took to a film course. So,

many things. That's, I went to come to Jakarta. Aiden decided to, what, name, to, what name, there's no specific reason. It's just that

I think you opportunity in Indonesia, it's very good. In 2000, that, come. 2005. 2005.

2005? And then, and then, there's, there's a on, know, computer engineering related work

or more to learn that's the I'm going to maybe from the little that like Lego

like to understand how things are being constructed that I know I don't

because develop curiosity for learn patterns learn patterns when when the first

pattern on what name things that more Benda matty, but But, but since organization that's also patterns on how people

act. Why would he or she did that decision and and, so I'm just so I'm really, not getting the process, I'm not getting the and it's

to to like there, machine learning in this but, yeah, it's more It's processing. It's always,

I'm always, so I'm glad to observe. Every time every time there's something, I can be quiet, and then just, just see,

whatever, like, whatever, pick up the signals, why, this, why, this,

this, this. This is, what, this, just anything. Just anything. That, it's fundamental,

why, I became a leader today, who, Even like, I love music. I appreciate the art of movies, more than... ...medenegar or playing, or production?

No, just... ...meningar, but... ...mine, I mean, she, somepette, man, man, ...hasill make... ...hasil producti of the other than... Have you ever been to a... ...a...

...or even like an opera, or, or, it's a big production. And then you're in that moment. then you feel what is the message that's being sent across with the little additional ensembles that it's coming into it and how the audience reacts and then in that moment you get to appreciate the actualization yeah you got to appreciate the the work that has been done and how you know how it actually translated into the things that you know.

Dude, I studied that. Yeah. That's, it's, I'm so, so, but it could be anything, so, so,

so, I'm going to learn other other, that I think I'm, I think, the art of many things,

so, decided to do something else, I'm, like to investment banking, so that's all right, so much, didot. So,

so, because, not there's not a background that's not not chococ, not there, not there,

no, there's, then, and then, there's, but there's, there's not, maybe,

maybe, I can say that authority. Yeah, and then, then, then, then,

I was a junior analyst, I mean, Of course, that's, similarly, very, very curious about things. So you learn things fast.

Accounting, you know, find out how you build tomorrow. There's no matter. No, no matter. There's no matter. No. No. No.

And, there's, very helpful, so. So, you can't do this, you know. And, there's...

And, you know, background in, engineering, too. Many, yeah. And, and, what name name,

at that stage, it was still a small firm so very very tight and all the amount Not really good big Yeah and then And so yeah I was a analyst

And then I I set a target to myself For some reason I told myself I want to be a director So if If you're in North Star it was VP and then executive director

And the managing director I mean you know quite similar to a lot of the professional investment banking before I turned 30. That was a wow. Back back again, not alasance.

A lot of things happen in my life to no, no, there's just a whim, it's just something comes out. You'll be surprised, life is full of serendipities. I guess so. Yeah, I guess so. Maybe that's the beautiful part of it.

So, yeah, it's just set the target. So I did whatever it takes. learn to learn to get if you're not got

when I'm making sure you're I always choose one individual that I always think exudes that capability look what can't be what can't do

try to be surein kind of sometimes not ask though just look I always wanted to get the why, so you know, so you're, you know, you probably experience many times. People who are you not yamong, that kind of, like, no, I'm not going to be able to

get in. So, I wanted to bring factual data. So, so I'm going to beckxial data. So, I'm introvert who's, introvert who's, who's, who's, who's, who's, I think so I'm going to pick up from so many individuals around me that I think exudes certain capability. What can be able to be able to learn by other introverts for, to be able to be able to be in the decision to try to understand

how do things better. But kind of, so, it's always going to be an experiment. So I try to become a better person, but it's just to be a better person. So, kind of, kind of, sometimes, like, who is the real Andre then? The real Andre is the one that wants to learn, who wants to evolve,

but there's nothing wrong in any individual who wants to stick with a certain consistent traits, but then, have to have, hasil can something that, so if you look at the great innovators, they all have like flaws, you know Steve Jobs,

what, what name, as brilliant as he is, he was. There's also, Elon Musk, like that much. But not, not there's not there's not there's a lot, so, I,

but I think it's, if, if, if, it's, if you're the advice of what, you shape your direction, And, you know, that's, sometimes, if,

if you're too it's not be coming so, so, so if you know you need to know which part of it

that you wanted to adapt and you have to improve, so maybe that's the – Monsiebushy that's the because they're because they're

maybe, in Belngu. But, many who, who's really, who's really out from but not know how you

that's that's that you know, you know, emulation, what you look at

what you might be more more than what you maybe maybe maybe

you, you don't have to you don't need to actually sell your soul to actually get there. In other, in batas wajar. Batas wajar.

Yeah, right. Yeah. So that's the, what's the story. Then, so far. The, the, no. So, no. So, not. So, so, so,

so, yeah, before um, I'm going to be director. I made it when exactly I was 30. So, I mean, that was like, yay, you know.

Not bad. Not bad. And I think along the way, I gained the trust from Patrick, Pagland, and at that stage, there's starting to be a very big movement on technology, Web 2.0. I guess this is what is new term now, since we are prehistoric to Web 3.0. It's Web 2.0. Enabled by smartphones. Uber has started.

in few countries and wanted to actually expand internationally to gather. And so, um, pitch to Pat, we should, start looking into technology, you do. Then,

he bettran Patrick, was very interested in that. So we started a first investment into a company called Cartuckoo. Which was founded by Nikki Luhur. Who has been on this show? Oh yeah. He's a great friend. And,

he's a great friend. And he was Nadeem, also part of the leadership management. Because, Nadim, when he founded Gojak, he was a mini project.

More social enterprise at the beginning. He left, can, he left, can, MAKINZI, he wasa, and then after Zolora, and then after Zolora, he decided to join Nikki. So that's, that's, I knew him as a friend

before. But that's the interaction as professionals. So I went to become the board member when we went to become the board member when we went to get back. Whated that, after that, I'm going to talk to Patrick. Because I sissihin, you, a little bit of fun

to get a mandate to pick up some early stage technology company. And then, you know, got very close to Nadim, gobro, and then we're gauding, and we're going to be, you know, what's happening with Gojack,

This can Uber, all of all right, can be in Indonesia, or already in Singapore, whatever. Maybe, if I'm, if, Nadim also if we built an app

on top of the Gojack business, this could be something. That was 2014. Goprog, go-gobro, and over, and then, we've decided, okay, D'em, if you want to do this,

I can back it up from the fun, Let's do it. So he decided to start in 2014, out from Karthuku. And then built a team, with Kevin and a few others, and all the much.

Then we agree on being the Series A investor. That was the beginning of the Gojerk, 2.0, if you may, because it existed since 2011 before. And became a board member. like likewise. And we started the app in January 2015. Tadiness,

actually, for the business logistic, not-nirra that could be transportation, it's bigger bigger, or all that has transpired to be where we are today. Yeah, so,

that's, it's so chaotic, so chaotic, so I got to, involved in a lot of things. So, I was a board member, but like, yeah,

worky-in-it-you-l-bent to be more than we discussed many times that, you know, you should just join, you know, let's do it together. At one point in 2015, I think it was September, not long after we started,

something clicked, it clicked, click because through that journey of nine months, and that we think we're going to be a busan courier, Iba-drableed-dug, you know, and then you see all the green jackets everywhere, very iconic, greg, that,

that, had it, that's, what, it's not can't be percue, not ever got recognition, but if, Manusia, this like analogies, if you just give them trust, you'll be surprised that they could do many things.

So, trust is it really important, but although this, it's the stilars, the helmet, uniform, but, tibre, this, it's been able to be able, and at that stage, we're also to be thinking, I mean, we've got input from all the trends that's going on across the world, that's going on across the world, that's called food delivery.

And if you remember on the early days, when we launched Go Food, it was revolutionary. That's gila. It's so, so, so there was a play for delivery. It's little, but in one day, we beat their number of transactions, after many years, and so many years,

because we have sheer logistical aspects of it, you know, with the GoJack driver, same driver delivers people, deliver food, deliver things, so so, so, so, so, something is... This is... This is... It's just luck. Gila. It's just luck.

And also, what, sheer ideology, that we're challenger. We'll never back down on a stigma, you know. If he's going to be able, this, in Indonesia, unfortunately, we like to say those things. No, no, it's not making it's not, it's not even

it's, it's, so, so, when we're going to launch, what I want to launch, what I'm going to, in the back stranger, that's all the same, when launch GoFood, it's more than,

many that's nollack driver Gogeck to gojerk I'm not, I'm going to, waddley the image's like

so so, the ideology our ideology is we are a challenge and never back down in any, what name

in any like your ideas. And that culture first that's strong and you know Mas Menti

I'm going to Nadeh and Mas Menti you know Mas Menti I feel very odd calling him Mas Menti

Mipan. Mawin can Baru'A BORAL be BORAL BATU Yeah, That's what he's so amazing at, and it's infectious. That's the character of who he is, so, so.

So, so, so, so, so, so, so, so, so, so, so, what, name my decision to actually, what, name, say yes, for we're going to, you know, I was going to makeirin, because I can think about, okay, what is a consumer friction that we want to solve? That's, we're going to look. When we're looking, what's the same thing, we're on-demand, reliability also good,

mangill transport-assi in two, three minutes, so, that. But, but the payerer is still like cash. And that, it's crick, right? It's kind of if it's out if it's come up to get up it's just going to so we're making

let's do a wallet this could be the beginning of a digital wallet and that's when we decided to start GoPay at the end of 2015 again comes with a problem not there's like think of this fintech

like not very sophisticated it's just that we wanted to solve the customer's problem When it's got to about going to gopé, that's my hearty my hearty

I'm in so, so, yeah, let's do it, if you're, if you're, let's do it. So,

so that's not in second. I, I decided to to turn. When I was an investor, actually

had been gottle, sometimes kind of, like, if just like, analyze, on paper,

build a model, do a due diligence, all of all the much, after so post work. That's kind of sometimes like I think it's, like, I'm going to, get to do something, so, so off something,

so, so, and so, to be, so I joined at the last 2015, and the rest is history. In Gojerk, I'm from,

from CFO, because I'm from finance, So, so, so, so, um, what name,

uh, Nadim and Kevin trusted me to become the president. But what the president it's like a made-up title. But someone that actually leads fundraising,

partnership, external engagement, uh, and then, uh, go through all the way the ups and downs of Gojak.

He decided for a higher calling. I'm going to go over with him September, 2019. September. That we're talking too. Yeah. That was two weeks before, right?

Yeah. It was a higher calling. Yeah. I always know that's something that he always wanted to do. So how could you say no? That's what was on what that's what you're going to make you know,

as a new back to we're going to we're both we're going second time, yeah, that's the other

with Kevin. So, we created this co-CEO concept because because at that gojerk is very

because we've been, even at that 2009, it's just decat corned but it's just made-up, whatever.

name, we won't get there. So, so, the scale of business and scale organization and product is there's

there, there's payment, there food delivery, there, there, there, there, there services,

so, so it's much, it's, maybe, so I'm paying payments, or that's

go to financial. Kevin Megang the right healing with food, the Gojack side. That's so we go back. So we do, we also decide together on like, what, what, large decisions as a company. So he also, Kevin, you go back in product and engineering, his amazing product person.

I mean, you should talk to him. If you had the opportunity. I, because, yeah, like business background yeah, I'm going to the supporting corporate functions, so, so we're giving the tuesday, like, 2019. Abuse it too, COVID happened.

You know, obviously it's a sad kind of a moment for everyone, personally, and, and, and, and, yeah, just generally, it's just, not pern't bayangin, can, something happened that big, you know. And we need to do. to do what we needed to do because business transportations practically zero PPKM. Among food night because people cannot go out.

So we did very well during the COVID time. And then out of a blue, you know, decide to yet do another big merger. So what that's provocation? Sisi Kalian or Sisi the same. Same,

because I'ma William from, so, take a step back, yeah. Dulu, William,

it, at Tokopedia, that was that first in Indonesia can fundraise something that has never

happened before. Wakti to get paid from soft bank. So we, wow, this is, it's great, it's, we don't that we don't,

that we're not, that's the other so, so it's great, so that's, because it was, it's not known. Then, when we start,

can, can, Tocco, Gojak, and Traveloca, it's like cohort, not cohort, so.

So, so, Same, same, respecting each other. All of us, with Ferry, with, with, we'll, it's, we all, we're all we're together. So, because, because statuses, yeah, same, same, the person who's that's been trying, so,

built relationship with friendship, and, and, and, and, tootopedia, also, there are a couple of people that, who, actually, joined, joined William, too,

so, so, kind of... Jodh, like, it's a friend, that's, and... And, but then, it's from, it's just,

it's not, that's, uh, no long, uh, no long, and, status we're the underdogs, because we're the underdogs, because we,

we, must, must, make, regional and global. You know, if William, when it was, there, there,

Raku, and there, Lazzada, and, then, there, shopy, and, If we had Uber, when it was first time, that's got,

grab, and so, so much, so much, but it's not in the money, but it's not mega-cash,

what, rich companies, so. Behemates, yeah, so, so, so,

yeah, so, yeah, that's, when, two, 2017, we,

decided to make to do a partnership. So, driver of GoJet, we're to do same day delivery. That's innovation that's very good. This experiment, yeah.

Yeah, so we're talking, so we're going to delivery it's like three or two or two days. If in e-commerce it,

it's more quick customer get back you can trust it. Or, Oh, but at all right, oh, but it's like prime on Amazon. Yeah. Right now, this is it can't be able to and it's at the beginning,

that's, we're going to, then, we're doing. So, this is the same day delivery? So, before merger? Yeah. So, it was, first time we're doing something that's innovative

and then it's, it's going to be it's kind of, like, the kind of, the process, collaborations, was very well.

when in 2000, 2009, I didn't, I think, there's a Kepikirae for merger, first time. We've, we're gonna, we've, we're,

I'm, Kevin, and William, and Patrick Kauh, on the other side, that's, that's, it's,

it's, very complimentary, that. But, when, when, that, the same is,

the, which is soft bank, that's how do you make sure make sure you not the other that's the first

time the first because it's because of the because because we just didn't meet on how we will be able to

gather. Yeah, the two time when what the what's the what the what the

yeah, that. So, so so, so it's it's, it's, it's,

because in the the month December, and the the end of COVID,

actually I'm apartment in my porch in my like balcony. This is the K. And when it was back the P.K.M. This was, right before Delta,

days, what, Delta variant. We talked, we're going to bro. We're, we'll, let's do this again. And, why? Alasan first, number one.

Because market and, And, number one, because it's just, it's just a matter of when, when is the right time. So, the trigger point is also, because we're in the case, because like COVID, market is also

like, uh, so much. If we're doing some one barren barren, this could be even bigger, if you know, if if we're, maybe, we're, maybe we're, there's struggle, but if we can

we can't be one, not only only the product and innovations will be coming more more much but also as a positioning, we also will be

quite with together. But, but really, that, no, no, no,

no, there, in the, in, the balcony, we just shook hand. And we started

to work together to, how it's getting to get approval. Derepada, There's been a pemeagang of them. I mean, we're not,

you know, as each, much, people have, same, there's a common as okoyah, such and a lot of

much, but, this, really, it's actually invested by two different camps. If at the camp William, there Alibaba,

in the Kemp there's Tensan family, all the Tensan and Tensan family, so, so, I'm thinking, this, this,

we can, this, we've, it, so, so, it's, it's,

it's, so, it's, We're going to get there. On how to get there. We'll pitch to some shareholders the big shareholder the best, the most of Masa Yoshison.

I think that that's on 20 December. 2020. Maybe convincing, maybe, we're convincing, we know, it's,

it's, it's, blessing to explore. So we start the process. We did the mega merger, that was 18 billion dollar merger, in five months' time. And,

and all of it, because, after that, not long, can, Delta broke out, so. July, that was July, that, that's, that's,

probably, it's been lead up to that, so, so, it's, it's hard to come, not any, there's, there's because it's, because it's hard.

culture is same. What's what is what is about for to restui or as as tanda

what did it with him? I think it's the logic of the two companies being together that's number one because gojack

it essentially we were a logistic and payments company and there interface there was go food or go-marts

but We're moving things, moving atoms and moving bits. Tokopedia, can interfacing, it's a discovery, for shopping. And component the most important thing is logistic and payments. Because it's not just about the front end, but it's not just the front end. But it's just the answer.

It's good, and payment options and payment capabilities also has to be good. So, logic is it's all endullation. That's the is it's like if alibaba, digabunging with Mate 1, diggene with Dibing with Macea, then it's one that is a go-to. So, so, that's not pern't

detects conflict emotional in dizziness. Because he also has been a man of one. No, I think... Amazing. Amazing. And then, what, even before before,

before the other side, but when we're on the other side, but when I'm Adam, even, I'm having met him, so, he knows who we are and what we're capable of, and what our goal and vision is of the company. And he, he appreciated a lot of the great work that we have done. The other, not just not just to invest directly, It's competing, so there's no, there's respect in the systems.

So, so, I mean, William, with Kevin, with Patrick, you know, with Patrick, you know, with Mesa, he also, he's also, that harmony and unity in the of these, or, or, leadership, in it, to,

that, that, like, in a very, like, corny way, you know, we complete each, other sentences, so, like, yeah,

like it. So, like, it's, it's, it's, it's, it's,

it's, what, that's, what, that's, like, yeah, so,

so, so, we get the blessing, a lot of the local shareholder, also,

very, what, yeah, so, so, so much, so, so,

so much, so, so, yeah, we're, it's, so, it's,

So, it's just, it's like, this is this is people are people who people are

people like that people are kind of people are we have do, uh,

merger integration and we'll get how we can't uniting, what kind of what? What?

What? Kendala can't, can't Or the other? No, not. Skilet or? No, I'm not.

NURSEA, because it's, because it's, after merger, the time, capital market, had been going to the south. And, abys, and,

it's, it's been there's a lot of issues. And it creates a lot of issues. It's been there's a macro situation on the market side,

because that that we also also want to take for the IPO because number one, because

size of the business and also the story of the we're looking that this we're the second that's even

even when it's even even there's that market that's chittery but

because there's so much cheap capital in the system still post-COVIDs, it's flooded with liquidity

momentum the momentum is too. Apolagy, we're in other there's back there who's

who had the kind of momentum is the proper because comparables also with them so we're

to after merge and then after after the problem is problem of you're sprinting. IPO,

2002, yeah, the IPO to the year? 2002, I think of because you're already

never lost like me. You're getting old like me, yeah. Yeah, April, 2002, but preparation yeah,

yeah, probably, past, there. There, has, got, so,

there's got with, because process merger, that, there, not, is,

this, this, this, this, this, this, this, this,

this, this, we're just we're going to if there's within manageability if I'm

if I'm not there but if I'm going to mullang this is first I have to make a statement

that there's no problem that's important there's always problem but it's not problem that we can't yeah idealism

is but if if we're when we must be moving when we're actually it's

we're we'reger we we stabilize What other, organization, because it's a compagbungan team,

what name process, system's better system internal, all the same. Barro, work in person more than

more than more than work, so, if it's work in time in integration, this,

this, do all of this, so it creates a bit more tension in the system. Because... cholesterol,

it's... Colletrol is... What's the name, the hair, I'm going to be like, so, so,

so, so, a little, uh, a little, complex just, yeah, that we,

we managed to get the IPO done. Oh, yeah, right. At that it, it's,

it's, it's, all macro events that going south, that, the war, um, happens before.

And then it trickles into so many different things, especially capital market. We always decide to do Indonesia first, Indonesia IPO. But, U.S. IPO later, so. So, so, maybe pemilion for in Indonesia, too, because when we're not going to try in the U.S.,

it's not because, what name, the idea in Indonesia this technology player, can be

un-in-kind by investor. What other, it's, it was when I'm about my analyst

and also, because when that was already pre-IP road show, like, gomonged

with analyst and also local investors, local funds and big big, the first

I'm who's who's who's with Gopet. Then, then three-tigua, and then,

so it's just manned the product. So, kind of, it's not, it's hard to get back

recognition, because it's compared with the person, it's very much, but, it's much, but,

really, but, it's, because, the context, market this, this, it's better

really, that, if, if, if, investor in America, that, who,

the, that, , So, not even, so, because in local, everyone, every investor is a customer. So. So, they know,

they know how much potential. And al-a-a-a-a-a-comer, and, you know, support by regulator, because of the company can, can, how to make an organization

of different, like, PENALAN, ESOP, so, that's all, And, uh, I've got, support all.

And in the April, uh, melancho, so bursa. So, it's, the whole,

the whole, it's always sprinting in a marathon. Yeah. Never stop. There's always big things, and it's always big things, it's very much. Lettie,

leth, this, this, this, this, this, this, But if I see what I'm going to see

what what's going to be with the market for not leaps from the money

money that money that's since 2008 to maybe $34 to $35 trillion dollars and then

since maybe 10, 10 month that was that was getting to make to do

get taken to get this may be dampakably ubiquitously not to one whole

all just this is unilurring in a geographic and sectoral too. And this maybe that

must be by the people are that we're being like melewati episode that's

that's quite stressful but if we can be think panang this optimist really

this is great very much I'm trying to come back in context three

things I observation, so long this, I always to see productivity. Productivity this is now productivity this is the sector, which is aviacea, with the versioning of LCC's,

low-cost carriers. It's, good, yeah, right? And productivity, productivity, it's naik, three, five X. And then the two, marketplace.

You've been a big part of that. That's a big part of that. That's also, it's even getting efficiency, effectiveness, productivity, productivity, three, five-x.

And the third is the other money. This is, this is, with application low-tech, not high-tech, with gadgets

gadgets that murrah, and it can be able to five X X, Peningatant productivity and inclusions of

money. Now, this if I'm together the context, the end up per-orangue only in 30-town in 30 years, in the other than what we've sacksick in in the time, 9-10-4 for the period of the period of the same.

I just through, more optimist. Yeah. Yeah, no, I don't have alesan, I can't, tumbled, more than 2.7, for 30-time to the time. Because this, this, this, with applications low-tech just. But not even if low-tech

it's application to sectors like, pernation, and education, care, energy, property, and other, which is not yet

not least, not yet, even if there's high-tech, five to ten time, we're going to be enabled,

low-tech for a good while. But that's just just too, if it's up-and-and- if it's upel with high-tech. Yeah. Yeah, right.

Yeah, right. Yeah, and I'm going, I'm going to, uh, yeah, uh, we're going to with low tech just

uh, actually, but that's that's, because, again, again, sometimes,

there are we're going we're going to we're going to get alonged and allame like, um,

sometimes because because the result it's not as far as what it is quite

kind of it becomes it's not it's not and not be to give the case

that there's there has some that has some of some of so forth

so. So, so, I think I'm not so we're also being complacent as

entrepreneur, or, like, in the badang technology, that we're relying only on low tech. We're really obsessed. And this is because of the stigma for the founder that maybe can bebeamong. So, what,

capital is so cheap. Punea idea in the napkin just, can't raise in $2,000, $3,000. Sorry, kind of $100. Yeah. Yeah, but, musty-na-being obsess with solutions technology what

that's changed can. Apakable? Is it sustainable? Is it just optical, that in the front of the way the way the way it's all right, but backangely still traditional, right? That's what we all,

to have obsessed. Why, it must be from now? And this, this, it's, it's, too, all the high-tech, So we're talking AI, even, even, even, we're talking about industry, industry that's the other.

If you're not, the new, the consumer facing, the matter, the better, the same, food, transport, commerce, and all the much. But, in the country,

it's all in very, very important industry, agri, biotech, like, climate tech, and, So, so, we have to

we have to make upangoon this from now. And, and this has all, too, gotong royong, and, too, to remember with the government, that's, to make policy policy that can be able to develop capability or human resources for high tech. I'm going to say, yeah, this is not,

not something that's all the all right Indonesia is currently actually

just to just for the people technology that's the fourth largest

population country in the world that has been very pastar that's

the different from the company from from from from from

there, maybe have but customer monthly active user can be 100 million million

so much so much so much so much so much not make but it if we're

not true we're using we're using what policy policy and also some the company

and soastas all come to make sure it how much we're making how much we're doing

capability, it's not about it, first time from out, because it's just to be out of more quickly. But it's just in here, so, one of the other people to come, to build education for 100 people.

And then 100 people, this, will be, done this, a billion, if you can, so, so, development center, to have to be bang on this. Tyeongkok, too,

bullet. If in an urusan like that, you can't, you can, do it, and then we'll get to be able, not only as a user, but as a creator. So, so this is that I think

I have done from now. I'm looking that from penitainteran by Jokwe had already to run that. This I'm, I'm going to see the perkemangan. And this is back again, this is not, I'm not... by Mr. Archard,

so the head digital economic for canin. Condolences or congratulations? I'm still learning. So, so many that's still learning.

That's about. That's the job. Yeah, can? If, really, we're really, we want to make with idealism that we've got,

because this game change the game change is, not, not, it's, not, it's,

not, it, and, and, and, And, it's, man, man, man,

policy also, you're going to focus is now in university. Yes, Mr. Mntery. He's already

there, Campos Smerdeka, some of the same. Practical, STEM-related, what-naman, education, many private companies

I'd like us, like, Google, to make sure, to make sure. Good, so, but,

but, but, we're, we're going to mongued. This, this, that has also there who's if there's

but not too. Like, we've got to, travel local, and some start-up digabung, capacity we're into recruit what, not-munkn't-mugue

that's, from the potential from the from university. So, this we can't this, we're gonna, more development center,

and all the different, maybe Apple, Microsoft, maybe Google, you know, and all the same, you know,

so, and the capacity that, to be high-tech, what, that's, it can be being be able to

make up, maybe, but, but, but, many, it has been done

this, this is that, this is, that I'm back again to topic, yeah,

part, something that will be It's very very to do it because

not there because there everyone needs to participate in this and I'm and I'm

and I'm and I'm every time it's to be shudut with the

speed and percepatan and percephatant always too more in the time we're

sometimes sometimes it's kind of that exponentiality to be really, really exist. You may say five years, it could happen in four years or three years. We may say 10 to 20, it may happen in seven. And then,

there's five disruptions that that's a lot of the same thing in the Silicon Valley, like in Hangjo, to be it with AI, genomics, blockchain. energy storage, robotics. So if we're going to acu to one bit, like,

in California, they're going to be predixie, mempredici, that delta the value economy from five disrupts in, in 15 years to, 200 trillion dollars.

That, 200-kali GDP of Indonesia, right? And, and the second of 200 trillion, that will come from AI. Yeah, we've got to see phenomena

sergidity how this this has been over abridged paradigm conventional. Yeah, right?

This, can, very, can, can be disruptive toadap white color. Now,

this, if not , this, disrupsi AI this, but just through the flip side, if I'm if I'd

ask, Indonesia, how it's how to be, so it's up to mcuh. Gapang, look from quay that just. You know, because you, if you're to be a petrenact, educator, ke, or what you're going to say, you're tempeling just AI,

to whatever you'll do. To make a delta in productivity efficiency and effectiveness. That's not going to be saline in the economy, Tambah, Very, very.

And that will be manifestation in the development economy that, if I'm in front of I think clearly, can be more more than 5, 6%.

I'm, I'm looking at the good our country that we're there are many cases for leapfrog.

So, that's back again, I'm going over time this high-tech, this important.

Right, right, we're talking we're talking about the country can, the country with

sumber day alam that very. agrari, perikana, that's, it's, but this is that's

underdeveloped areas, that's that we're back again. Low tech, it was maybe 40% better yield,

or 50% which is great, that's great, that's just like, we've got we've been Gubran,

he did amazing, he does things that's so amazing. amazing. But his life story, the stilag still, low, middle tech, like, but with the development

innovation in the world, uh, before interview, we talked about CRISPR, gene editing, that's, right,

gene editing, if, the, what, namay, it, it, One of the

goodnation is maybe we can edit DNA from crops our crops or, or, maybe,

some animals, for, one, miscar can last CO2 to, because, because,

can't, that's, that's one, one of sorry, one of my own, sorry.

Sal one of, but, but, but, but, there's, there's, there also,

with the climate changes, what, the kind of, the from the pan from

um, to be, uh, adaptation from the situation of the climate changes. And also

so it's not diabetes if you're not recayesha. It's been requeasas. Yeah. CRISPR

it, it's fundamental discovery. But if if you can be byang can with AI.

Gila. I gave one I was a time. I was I've met with founder of deep mind.

One of one one of the company AI that's the person AI that's after the one of the

one of the people who that's one of the most complex what name board game in Netflix

there's very good so kind that's a great piece after it after it's they're

making many projects and just a half a year long year out of the second year long out of the project, namely Alpha Fold. So AlphaVolt is program

to map 3D protein structure in human body. Jumulgulani many so many. Before there AI, the same 50 years scientists to try mapping

the perfect 3D structure, it's maybe to really properly map maybe 5%% of total our human body and using AI

all 100% on map with large accuracy in 3 months and then they make library that that did make

open source with a caveat that that scientists who's who's what name to the library that must bemening

some of the subpoenaed to not the things unintended consequences that's that's not never we

think we're I'm backang can I'm back how things like that things like at minimum did discuss

in every class in set up if we're like to gopik, this is warped or what. Sucur-sucur, can be discoursus can. And did discursuscan, that's with the way that inter-legal,

or antar-legmaga. Because, this, if, if, if, if, if, if, if, is a problem, is a problem, intersection between cerdasan artificial and decedarsan biologous, where we can make re-recae as code genetica our,

okay, It's been to beaute the manfacatine-ke, sickle-cell, like, sickle cell, here, this is how we can the next level of intelligence or artificial intelligence through open AI, CH,GPT.

But this, if not, discursus, can, it's with perspective social, budaia, economy, technology, spiritual, religion, the community,

and it's all the this is a but, but I'm if I see some of the people who've

there's noonged there's there's commas moral to some extent and this is and this is our if we're to runcul

to adopt for the for the economy, and the redistribucus of the thischattraan

this is inter-lembaga, this discourse. I'm very set. Because in Indonesia we have so many

potential. We have so many potential. We have a power, we have someberdial, capability from our SDM we also very much.

The important we have to guide with new things that's quick that we can get in to education

we have the capital power so much. But we're going to be in 2004-5, that's achievement. I'm not able. I'm not going to. Yeah, yeah, I'm going to, I'm going to be that the percapation that we're doing in the room

before, before. It's nantle with enough people. We're not ginaw. Artiness, there's a hausen to learn. And there's aparan to beaverage. to know things that relevant for how,

to give-ahe and I'm sure. And I'm looking at, it's not exponential. And titic inflexion is, I think,

I think, than what we thinker. Yeah, and I'm seeing yeah, this, this we've been talking about

Nadim also. Modal we're still still. If I'm if I see ratio money breder

to have PDB, still in the above 50%. Ration asar model to redid B, there's PDA, it's 50%. Ration, asset perbanking

to Rade PDA, is 56%. But if it's acuance of countries, the major and three ratio to three ratio

to be 125 to 250%. Yeah, I'm ready to argumentation that idea that's many, but not

every idea can be with the money. Because the model is still because we're not we're going to get to get but people who

who can't be able to because not because not that's people that they have who have a brilliant.

Now this is that they're to be shepard be cowel suor-suckers to harness, de-nourish,

de-fertilize so this this is humbangan. Yeah, We, at GoTo, we've been, uh,

we've also to try to to contribute uh, if from business model, model, we're,

it's our business, making impact is our business model. We're market place, we're mergating. If, if, if, if,

back back back. When the first, maybe the number of OJEC drivers in the before, when conventional, maybe several or 10,000,

maximum, that's by orders of magnitude Yeah, now, by count, maybe there's about 4,000 in industry.

That, Dulu, taxi industry, maybe, 100,000. If now, it's not even even more than but that's

other than it's disrupts. If you're it's, the number right-sharing of the four-rodes a million more. So,

it's just, that's that's the case this is quick this happens in the last five years. Dulu when

people, or like, or, or, or, like, that's in the

small if you if you can, where you are, your customer can be in

the whole country. Maybe, a lot of times also to export. Dulu, if you want to have the day of

the food to be able to be able to get to just at the end-rined where book app and merchant app

for GoFood, it's. It's right. This productivity. This is productivitance, muddhaven, it's been

contributusy many. It's not but maybe muddhawnudas more than for more than for customer,

we're making so much than focus to tryadapes transaction and from a single-one from customer. Why we focus on the studio?

We don't want to try work on the line, like, travel or whatever, all, like, because we're also more than to have more than more. Let us take care of

delivering you the best experience, the fastest experience, hassle-free for all your transactional needs on a daily basis. Want to make,

like, want to buyer, like, make, what do you, like, all in the permudder

so you, you as a person, you can contribute more to what you do to the society, that's a but also in

GoTo, we also really want to introduce the new ways of thinking about how to organize. Because

can the way, the work programs technology in the world,

it's very innovative, not only not only rather to be how do you build an

organization how do you retain people how do you attract the best talents and so and

we're betulal we'll learn kind of suhuhu sohue sohue sohue

sohue sohue and small technology companies from from the

development that also the organization that's good but

but very very very men back again can be subjective

to me I'm trying to be objective here. Menority we're going to when I'm people who can't from go to

to be more than more than to be able to get a new to the go-to mafia

now have been made because people and people and other and other people

get in here in the yeah so can so much so much it's like

like academy. It's a trickling, what's the moment. And, and, and, we're also, we're even there development center that's in India. It's a decision that we make because we also want to get resources the best

so back, back again, in Indonesia's, we can't, and it's been because it's already that's just now. But now, with,

waiting for five times, many times that'd not know what what I mean it's still still must be

lugule, and now now they're making very technical and very developed. Same in things like

ESG also. We're, maybe the company that's really, clear

target ESG we're there. We're at three zeros. Zero impact, zero barrier, zero, zero

zero waste. we're targeting, yeah, this, this is, not really, not a little optimistic at that.

But it's, but it's, we're going to. We're trying. Sorry, please. Yeah, but, but,

but, we're, but this, have, have been more. It's more. Right. So,

so, we're trying, we can, we can, we can't one's going to be net zero. But as a company, we've got net zero. Office we've got to be used

what's not for fossil fuel power. For the country, not, but for the company, but we're market place this can, we're making for drivers, merchants. Now, this is where opportunity that's a big. How many,

how delivery we can be electrification, that, that's, the company new, that's the other that will focus to motor-listrict. And I'm not even

this will come out product from us. Supply chain, battery, battery swap infrastructure, so all the much. So, so it's been, plastic, the, and there's, many packaging,

from Bowfoot, have merchandise, and all of it, and we're making and, and, not only, but we also

when we want IPO, decide to, and, I support, this I'm very thank you for the company, can't, and I'm deduiting endowment fund

so-becerer 1% from the company that's that's in-is-in-lake-d-d-lame to make infestation or, you know, foundational work that really,

focus is to really impact. Or, if that's in environment, or whether in social projects, and I'm like, and I'm seeing, it's,

and I'm playing it's like business model the Gates Foundation. Because it's just yumbang just, yeah, he's not

impowering solution through technology, like technology scientific innovation out of the foundation out of great

that's very very, you know, mega, what's successful who cares about the planet? Yeah, so we're not many have

been but if we're all we're doing we're doing in the

in the there's there's not the competition, not they're not what

people with someone we're together, we're together, we're pretty

being in mass in the person I'm I'm sad so pretty pretty

pretty I'm what you what you do you do you to for

for for jamur and who can't jamur or be jammer as a worker-usaha.

Yeah, right? This is the impact. For, not only the of the un-tributing chastrable. That's important,

redistribusy chieupecific ratio our time. I'ma-a-a-a-a-a-migua and I think and I'm going to statistics that comparations

on the endapes of people in Asia-Tengara and and Tyeongk. One of one alasan, why Asia-Tengara

is underperform that is a more than the result of the same thing. And it's there manifestation in statistics

to be going to people. Per-one people, the, the in Indonesia,

is 0.3. In Hongk, in Singapore, 9. In Singapore, is 9. Yeah,

that's, can, one, maybe, it's not fulous. But two that's

structural also is the point propensitats to take risk. Yeah. Now,

Kewirousaan it's mucu the pengamilan risk. And the

can't be going to be able to be able to there if there mental construct

our kind of sometimes I'm my love the people in the pertemannan, it's in the

situation of COVID-the-ra-ra-hry many people are because they're not able to look at a because not-a-upac-an, because not-a-turb-a-luck-an, they can't make sure that not-adal-agul-it-as.

Yeah, right? Now, it's, if, in-drewsha, what is done in, what is done by alumni-alumni-goto? To get-jamburkan to wirozaan, it will be a risk.

And to also, and to even more than from the world from the world that it will be in it will be

the of the people and we're that will turn to that that

the making and it's far more more than 0.3,000 in 30

time in the I'm very bullish about the future. I want to ask, this is maybe

a bit sensitive. Pershingan in in the world there is there

is a other again. I'm when I'm about Dhabel Dham

Mandem maybe the color the talkpation to if

I'm looking it argument too big to fail that that

that's true. Yeah, right? The second, argument of the people of the world to the for the existence

two to mind. It's important for the mind to be from whatever, I don't

say, narrations that this is in the how you mind. I'm, I'm,

I'm, some of factors. One, this can business innovation. If not there's competition, company stands to be complacent. Complacency leads to no innovation. And, and maybe,

one of a certain, there's just with innovation new, or technology new, everybody will disrupt. So the sense of watching your back and, what, the willingness to

to continue to continue to do use innovation with your own version with the

competition to be very very good and it's really what that's what that to make

we're going to always find a way that we can get the name you know even here

people people people not get the customer we're better

so so Back again, not mucing not there competition. If, before, in any of the market, and, that's the way, if you're being,

free, it's, because free, it's much, yeah, like, actually, Google, it's a free product, advertisinging to,

to businesses, to customer, can is a free product. If you're that's very It's not so sad because, because, it's

very people the main monopoly that's big, it's invite

to someone to make to make, yeah, to be number 2 that 20, 30%

is, the industry must be not there. So, it's not the

industry. So, we, we, we, we don't want to be focused too much

on you know, this competition too at the end of the day, can. And, maybe silver lining in the

capital market and market for funding like jeleck like this that is you actually cut out all the

quote unquote the bullshit, sorry. Yeah. That's permissible. So, so, so, so, so, so,

so, so, the company who have made product that engage their customer because of the product

not because it's cheap it will always what name survive and long-lasting or bekembang to be sure if they were too

people people people are people people sometimes sometimes sometimes people who people who what you what name

gratis and the good that sometimes investor kind of kind of yeah

name's yeah if it's like if you're people people will get used and bring the

little yeah yeah but it's not a but it but it's but it

sometimes that's that the capital that's that that that's

that's when it's when it is a person that company that's good

something really focus to build something that's something sustainable,

that's it will, it will be longevity, and that's a choice. Sometimes, it's a

problem. Sometimes, it's a situation just, it's a situation, you want it to be, or you

don't want it to be, you don't want it to be, you know. So, so, I see, I'm not, competition,

can, yeah, competition that's sustained, yeah, that's, it will be

to beclanjutor. I'm I'm I'm I'm after this after many I'm

that I'm that I'm not too care about about inflate I'm I'm

see the perthumuan on bradar in America America's to turn to nol

negative the month last of the year 2001 one, it's going to money-bredder is 27%.

Month-on-month. Now, now, it's negative month-on-month. It's very going to make-bucked penurunan inflation and expectations

inflation. Even, the possibility deflation, there. Two, if I see, inventory in the

business and retailers and wholesale, that's not turun, not trick-kis by the day I buy.

Yeah, it's it. It's just recalibration, right. And recalibration to, yeah,

to be above, not to the price. And it will make make-en the down inflation

or expectation inflation. And then, I'm going to see, I'm looking, the price,

the commodity, what that logam mulia and logam that's that's

some big and some big back in corrects Logamulia emas that's

that's very correct with inflation stable in 1,700 800 1,000,

even more even than the rise suco bunga. Knaikin Sukuu Bunga

from 0.25 percent to 4.25 4.5. It's massive. It's too much of a shock. And that

6,000 percent. Sereinkal we're going to beaumandinging with scenario inflation in the year old 70s. When that, Paupoker

naikin the cuckoobuna from 10% to 20% just 100% this 1,600% if I'm myruths, I think that this is

overshoot. I'm anticipations the new the rise of stock in portal 2 this now this.

Now, this will make make oxygen because Because of, of the expectations inflation to run, inflation, and the water,

not can't be inaic-again. Yeah, this is be correlation, to two parts, the market bond, that's un-bursed-baled, and to the pastur-equities, which, it's, it's a reshasing.

This is all right, so it's not sectoral. So I'm not a sectoral. So I'm just optimist on two things. One, three, one, inflation, this is the last parker, Two,

I think it's Pasar Modal, this mustiness to be able, maybe semester the second year. The third, rupee.

If the korea, if you're gonna get ridun, yeah, it's all se. The model can back out from America.

And it will behebush oxygen for anyone, for anyone for the so. So,

that's the I'm not merrikan I'm going to be this. At least we're edit just if

if you're wrong. I'm going full circle you. You're born in the Dekot

D'Ot Kota Dortmann. Yeah. You know team Seapol What, is that?

Arsenal. Not yammy. But Arsenal. Why not Dorton? Gunners. I'm a

gunner, by the guy. I'm a gunner because my sonner because my fanatist really.

One, the question is, why not Doran? Why not buying? Why Arsenal? Yeah, maybe

because, because, Bundesliga not too well covered, especially in the early days. Doolok, we, in Indonesia, can get consumption

seria. Like, that, right, that, EPL, and it's, Spanish League, too.

But, can, if bundas Liga, a little more, it, and it, but,

it's, but, but, to see get Arsenal to the time

the invisible the invisible um the way the way it's very much

really much it's philosophy that Wenger had built and you got focused on developing

not buying getting developing versus buying kind kind philosophy is

cheap really very the shock the the shock happened when

So, so many investors that's been to club club EPL that's the duity bigotty

so that's when the legacy But the But wenger is tegul not because not

get gerumus with But from from that's the end of his era

but now but now but now back after fingers cross Amin

don't Jinks this mumpung this Mumpung this again okay But, but Arteta,

to, philosophatine with Wenger. Yeah, I'm yeah, I'm aga-educated by my son-in-lawy. He, too, more than team playing.

Yeah, right? Yeah, right? Yeah, he just through menurunkan egoism. Yeah. Yeah. Yeah.

Awba. Oh, Zil. Yeah. But, the kaka, not want to so koreen what, but termoderation, and that, if,

for me, that's that's kind of we're not sad about we're not about kind of, kind of, like, like,

it's not paying off. So, this is now paying off. So, this is not, this, this is the conversation, that, because of the

kind of, yeah, can, and, philosophy that's that's a lot of the it pays off.

And sooner than what I thought, justure, yeah, it was I'm like I'm thinking, it's been able to see that inflexion in the arsenal. But,

it's just on more quick. Now, this can't be a other than, yeah, can? Yeah, can.

In the world that we're there, because information that's coming with quick, social media, so many, so,

sometimes, people crave for short-term gratification. But, if the company is built to be sold, yeah, maybe, but if you're

making brand that everlasting, the company that's everlasting can less even more, than the part of the For example, it's,

it's not really that know Nike, if you're that's really that really, that's but it's... CERN. CERN. But, from now,

brand equitiness is very, the product is very good, so, so, so, we go-to,

we also in the one, one, what, we have, values. One of one values

that we're whenever live and breathe every day and this criteria how we're how we're doing our team is not about you.

Yeah. So, because it's also interpretation can be in a back that's back that's

because you're because it's personal individual but because we're working with together as a team.

Sussexesan not for we're not but for stakeholders that we're that we're people

partner driver object our partner drive in the day for giving service the best

for consumers for merchants that that making for

their for their for their and for that's that that's

the case that so if if if if

if there's, you know, this happened because of me, it's, not, not, not, it got, you know, weeded out, that, and, and, and, and, and, and, and, and, and, and, and, by the way, that's, by the way, that's, it can, care of people, that's, maybe, maybe,

but, but, but, but, and, you know, people, and, you know, and, you know, it's important, because, because, you're, it's just sanghi, whatever, product is

good, so that's not even, so don't even about the role or soul in the company that. Because,

this is, the company, this is a new this is, it's a, the, transition to the people,

to the people, from the Nadim, to, and Kevin, to, to,

to, to, to the, to the coming, that's, that's, that,

so, so, because, because, I'm, William, or before Nadim or who

because we all are them back on identity and DNA IDATTEDA from the people who

have been together. Yeah. That's the thing. It's the people, but muddhawn.

Amen. Outerner there's like that. So, so, so really, so,

really, really, but, really, what really, that's, we're, that we're,

that is legacy in this, that that's, that, that, that's, that's among among people who, that's the one that's the name very.

It's been very. But it's not. Yeah, but but bad, the time I do during Indonesia, that, buset, if,

come to where, it's really getting to talk about in Indonesia. Because there, the company and some people, and some other.

So, so, now, so, to mong about asia Tengara, about Indonesia, it's more more than about philosophy of Nike that I don't

about taking you to win or winning, it's basically about cheerleading you on the way to the finish line. Yes. Yeah, right?

You are the cheerleader for for the cheerleader for the consumer and the people. Yeah, can celebrate the journey. The journey is equally important as the-

Yeah. Yeah. I'm so, that's Top. Being in a moment. Top. Maybe what we want to hear,

this is two things, two things, two, for GoTo or for duty or for anyone, and also endgame the GoTo? The endgame's got to. The end game to, or how?

This, this, to answer to, I'm thinking about aspects, because it's not gampengue, yeah. But, it's, it's, from the endgame

and also in 2045, Gotto want to come So, I was sharing a little about the company this is not only product. I think, William, Kevin, all the former founder

of the company, to myself, mas, men, that we want to be able to build a person that has been making a legacy, that's what? Legacy is,

that, that is, that, that, there are you organizations that can make up a big impact

and also also, even making business sustainable at the same time. Doing good, making profit while doing good for, there's also,

there's also, there's a person that can talent, talent, that maybe maybe, maybe

maybe, maybe, because, because that's, that's how you create. multiple effects, and also, and also, many of philosophy,

how we can't be able to be coming, and also, the way of the business can be evolution, but with soul that's always consistent,

because, sometimes, many, many, in the historical, countries, many who are failed because of their moral compass

or soul, that's very quite, curantuance, or what, we're not, we're not going to, we're talking,

we're doing, but, um, referensy-na, maybe, so, really, protecting that as a moral

compus. Purusan, so, innovation will be a bit more to be able to keep, we're just,

we're backang with web 3.0, that, there's, there's, there's, technology that enabled from blockchain,

that's very big. But, but people are, sometimes, it's not, it's, technology that enabling, so long as

use cases at the end of the consistent, what technology that's the endrived the product in the backang

it, it can be back again. Besok, we can be empowered with blockchain for distributed ledgers.

for tracking the barang of the people where's, for maybe if maybe if regulator mulay to be able to facilitate payment

that's many people. But, but the intinia is desire to continue to be innovation. Don't

be complacent. Now, this is that want to create as legacy. This is not the size

to be so much, it's just has real. Selamah me bekerj good, product that is like the customer

and it's the sameer and it makeshieling valuation. That's the result that is the

result of the company and what the company's purpose is that we wanted to create. So, not just in

2004-5, yeah, terus, that's the true test of time and the task of time. And the

task of William and the friend in Boutu to to make to genera

generation the generation the next again continue to continue because

not maybe do someone or this so so

for I'm I'm I think I'm building for

for all with team and so we and

we're making image that that we want in the

time in the and the the most KAYNA GOTO from

from the first, is to be able to becured and be evolutionary. Just that just how

so it's just be able to bequesinambungan. If that the case, she,

abadi, yeah, right? Mm-hmm. Mundah. Amen. And, we've been

many, we've been about, yeah. There? There's Pesan Pesan Maybe

Moodahunan Mbantu Umap I'm going to kind of I'm going to work just You need to take a break Just take a breather

Yeah I'm going Thank you Forimackas for the For example If if if maybe

One of Pessan Trague, yeah Yeah We're trying. We're trying. We're trying. We're not much more.

And yeah, maybe later we can't even we can talk about other than other, yeah. Yeah, I think it's going to be therein. Keep the candle on. Lilit's dine

still. Yeah. Yeah? Yeah. We'll do. Thank you, sir. Thank you, Pat. So, that's Andrei Sulistio,

the pinnation from Gautau. Thank you. Thank you. This is Endgame. All right. Thank you, lo. Thank you. Thank you.

Thank you. Thank you. Okay. I'm not. Okay. I'm going to. Go. Here we're going to go.

Okay. Okay. We're going to be a few miss, yeah.