Startup Valuation In A Logistics Aggregator (Case Study At Pt Linknau)

The large number of startups in Indonesia is supported by an increase in internet user penetration which reaches 64.8% of the Indonesian population or 171.17 million users (APJII 2019). The potential of Indonesia's creative economy and startups is very large which is supported by abundant natural resources, local cultural diversity spread throughout the archipelago, and diversity of human resources. The objectives of this study are as follow Describe the financial performance of start-ups in logistics aggregators at PT Linknau. Analyzing company size, profitability, economic growth rate, market traction and competitive advantage against start-up valuation in logistics aggregators (Case Study at PT Linknau). The data used in this study are primary data and secondary data. Primary data is in the form of interviews conducted in depth interviews with the CEO of PT Linknau and secondary data in the form of financial statements of start-up Companies PT Linknau from 2019-2022. The results show that the valuation of The First Chicago Method to be the most suitable company valuation method for assessing PT Linknau's company valuation. The main reason why this method is the most suitable method is because currently the company is already in a condition of generating operating income, according to Damiano et. al. (2020).