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Building IDN: Winston Utomo and William Utomo's Long-Term Bet on Indonesia
Founder IDN, Winston Utomo dan William Utomo mewakili Indonesia dalam EY World Entrepreneur of the Year 2025 in Monte Carlo, Monaco

Jakarta, FORTUNE - Not every major company is born from ambition alone. Some begin with a sense of unease — a conviction that something important is missing — and the hope that something better can be built. For Winston Utomo and William Utomo, that hope was rooted in a vision for a better Indonesia.

When Winston and William founded IDN in 2014, they were not pursuing a business opportunity. They were responding to a problem they had experienced personally as young Indonesians: a disconnect in the national media landscape. Information was everywhere, but much of it felt neither relevant nor genuinely attuned to the way the young generation thought, lived, and viewed the future. The media often spoke about young people, but rarely spoke directly to them.

From that insight, IDN Times was born in Surabaya on 8 June 2014. It was not conceived as a short-term experiment, but as a long-term bet on Indonesia: that the country would move forward if its young generation had equal access to credible, relevant, and high-quality information. It was a simple idea, but one built on a profound belief—that empowering young people could help shape the future of a nation.

“Success is not defined by speed alone, but by direction and impact. Every step taken in the right direction, however small, can create meaningful change. That is how we are building IDN: not only for today, but as an institution for the next 100 years. One step at a time, for a better Indonesia.”

IDN began under modest circumstances, without significant capital, an established team, or any guarantee of success. In the early days, Winston and William handled nearly every aspect of the business themselves, from writing and editing to design, distribution, and advertising sales. The days were defined by uncertainty, and many decisions had to be made without a clear map. Yet those constraints became the foundation of IDN’s character: resourceful, resilient, and willing to build from the ground up.

By working across every part of the company, the brothers came to understand their product and audience at a fundamental level. They learned that attention might be captured quickly, but trust could only be earned through consistency. They also learned that lasting companies are not built on sensation, but on discipline, resilience, and a willingness to keep going when the outcome remains uncertain. When IDN Times reached one million monthly readers within its first ten months, the milestone became an early signal that they were on the right path—and that the responsibility ahead would only grow.

As IDN expanded, the central question evolved. It was no longer simply how quickly the company could grow, but what kind of impact that growth could create. From that reflection, IDN’s mission crystallized: to become the voice of Indonesia’s young generation. The ambition was not merely to build an audience, but to build an institution capable of informing, representing, and empowering that audience for generations.

Winston and William believe that young people are the foundation of national progress. With access to credible and relevant information, they can become more critical in their thinking, more productive in their work, and more competitive on the global stage. In their view, Indonesia’s future will not be shaped by one leader, one institution, or one generation alone. It will be built by tens of millions of young Indonesians who think clearly, act with purpose, and believe they have a role in determining the country’s direction.

That conviction has been tested by technological disruption and the increasingly complex realities of the media industry. Content formats change rapidly, business models face constant pressure, and the temptation to pursue short-term growth is ever present. Rather than choosing the easiest path, IDN chose discipline—balancing ambition with resilience and growth with sustainability. The company has remained profitable for eight consecutive years while continuing to evolve into a broader and increasingly relevant media, entertainment, and technology ecosystem.

For Winston and William, profitability is not simply a financial achievement. It represents independence, durability, and the ability to continue investing in IDN’s mission without allowing short-term pressures to dictate its direction. Growth matters, but only when it strengthens the institution and expands its capacity to create long-term value. Their objective is not merely to build a company that can grow quickly, but one that can endure through changing technologies, economic cycles, and generations of audiences.

Ultimately, the journey of Winston and William is a story of institution-building—of hard work, discipline, and responsibility. It is about choosing long-term value amid short-term pressure, and remaining faithful to an original mission even as the world changes around it. They believe IDN can one day carry Indonesia’s name onto the global stage and become one of the world’s leading media, entertainment, and technology companies. More importantly, they want to prove that a globally relevant institution can be built from Indonesia, grounded in Indonesian values and ambition.

For Winston and William, success is not defined by speed alone, but by direction and impact. A company can grow quickly and still lose sight of why it exists; it can become valuable without becoming meaningful. What matters is that every step, however small, moves in the right direction and leaves something better behind. Taken consistently over time, those steps can compound into an institution built not merely for today, but for the next 100 years.

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Editorial Team

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