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	<title>bootstrapped &#8211; Finance News Today</title>
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		<title>Indonesian startup founder bootstrapped a company out of her garage</title>
		<link>https://financenews.one/2025/05/30/indonesian-startup-founder-bootstrapped-a-company-out-of-her-garage/</link>
		
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		<pubDate>Fri, 30 May 2025 14:50:00 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1.jpg 1920w, https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1-768x432.jpg 768w, https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>Dayu Dara Permata, 36, is the co-founder and CEO of Indonesian property transaction platform Pinhome. Courtesy of Pinhome It&#8217;s no secret that building a successful startup often involves risk, iteration and failure. Dayu Dara Permata knows this well. The 36-year-old is the co-founder and CEO of Indonesian property transaction platform Pinhome. Over the course of [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1.jpg 1920w, https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1-768x432.jpg 768w, https://financenews.one/wp-content/uploads/2025/05/108147225-1747641945839-Dara_1-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Dayu Dara Permata, 36, is the co-founder and CEO of Indonesian property transaction platform Pinhome.</p>
<p>Courtesy of Pinhome</p>
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<p>It&#8217;s no secret that building a successful startup often involves risk, iteration and <a rel="nofollow" href="https://www.cnbc.com/2025/05/19/ivy-league-psychologist-my-best-advice-for-success-and-happiness.html">failure</a>. Dayu Dara Permata knows this well.</p>
<p>The 36-year-old is the co-founder and CEO of Indonesian property transaction platform <a rel="nofollow" href="https://www.pinhome.id/" target="_blank">Pinhome</a>. Over the course of about five years, she went from bootstrapping the business out of her own garage to raising over $75 million to date, according to a company representative and data from <a rel="nofollow" href="https://pitchbook.com/profiles/company/434413-99#funding" target="_blank">PitchBook</a>.</p>
<p>&#8220;Entrepreneurship is really hard. There&#8217;s no instant success &#8230; You just have to be ready to fail,&#8221; Permata  told <a rel="nofollow" href="https://www.cnbc.com/make-it/">CNBC Make It</a>. &#8220;If you are trying to avoid failure altogether, [then] you&#8217;re just delaying it.&#8221;</p>
<p>&#8220;Maybe you&#8217;re not trying enough — that&#8217;s why you&#8217;ve not seen <a rel="nofollow" href="https://www.cnbc.com/2024/07/19/richard-branson-shares-his-biggest-failure-the-lesson-it-taught.html">failures</a>, but what it does is it&#8217;s really hindering growth,&#8221; she added.</p>
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<h2 class="ArticleBody-styles-makeit-subtitle--JP3GH"><a rel="nofollow" id="headline0"/>Humble beginnings</h2>
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<p>Permata,<strong> </strong>who was born and raised in Indonesia, has always been an overachiever.</p>
<p>&#8220;I&#8217;m born from a very simple family &#8230; we didn&#8217;t come from money, so I had to really earn everything that I wanted,&#8221; she said, adding that her parents were always strict and demanding with her.</p>
<p>&#8220;I was always expected to deliver, to be number one, to succeed academically,&#8221; she said. &#8220;I always liked property, because, living with very strict parents — [it was] my house, my rules. So, I thought I wanted to own my own house, so I could have my own rules,&#8221; Permata said.</p>
<p>She said she was studious, competitive and &#8220;always focused on academics&#8221; as a kid. By the age of 23, she had already purchased an investment property, the first of several.</p>
<p>Upon graduating from university, she went on to pursue an almost decade-long corporate career, eventually landing a senior vice president role at Southeast Asian on-demand services platform Gojek, where she met Pinhome co-founder Ahmed Aljunied.</p>
<p>After working at Gojek for about four years, Permata said she felt ready to embark on her own entrepreneurial journey.</p>
<p>&#8220;I think at the end of my time at Gojek, [the company] was operating in 200 plus cities in all of Indonesia,&#8221; she said. &#8220;I had worked with my CTO, Ahmed &#8230; [He] was always very entrepreneurial. He had built businesses before, and he [said]: &#8216;Why don&#8217;t we start our own?'&#8221;</p>
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<h2 class="ArticleBody-styles-makeit-subtitle--JP3GH"><a rel="nofollow" id="headline1"/>&#8216;Fail fast, learn fast&#8217;</h2>
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<p>So in early 2019, the two began ideating and building the business out of Permata&#8217;s home garage. Over the course of about nine months, Permata said she invested about $150,000 of her own savings into bootstrapping the company.</p>
<p>&#8220;My husband was my first employee. We had our first five team members working out of our [garage]. It was really like nine months of bootstrapping,&#8221; she said. &#8220;I was also working full time at Gojek, and it was still quite long hours that [I was working there], but we managed to squeeze in time [for our startup.]&#8221;</p>
<p>Informed by her own experiences as a property investor, Permata knew she wanted to address the many pain points in Indonesian real estate. She said the process of buying and&#8230;</p>
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<p><br />
<br />Read More: <a href="https://www.cnbc.com/2025/05/21/indonesian-startup-founder-bootstrapped-a-company-out-of-her-garage.html">Indonesian startup founder bootstrapped a company out of her garage</a></p>
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