Would US startups get their start if they were Indonesian?

Many US startups, especially those focusing on free mobile apps such as Instagram, PicPlz, Path, or even Posterous and Twitter would probably fall flat in the face of Indonesian investors and VCs if they had been started here due to the lack of a clear business plan and monetization options in their early stages.

A lot of the pitches and interviews here almost always end with this question: how would you make money? Unless the investors can already see or influence how this process would come about.

This is something that’s been bothering me for a while and my thoughts would branch out to so many different subjects that I probably would need to discuss it with a number of people before I can make a coherent thought or a proper blog post for DS out of it.

If you have any opinion on this and would like to share them with me, blog it and let me know overTwitter.