  The internet's rapid growth stimulates the emergence of start-up companies
based on information technology and telecommunication (ICT) in Indonesia and
Singapore. As the number of start-ups and its investor growth, the network of
its relationship become larger and complex, but on the other side feel small.
Everyone in the ICT start-up investment network can be reached in short steps,
led to a phenomenon called small-world phenomenon, a principle that we are all
connected by a short chain of relationships. We investigate the pattern of the
relationship between a start-up with its investor and the small world
characteristics using network analysis methodology. The research is conducted
by creating the ICT start-up investment network model of each country and
calculate its small-world network properties to see the characteristic of the
networks. Then we compare and analyze the result of each network model. The
result of this research is to give knowledge about the current condition of ICT
start-up investment in Indonesia and Singapore. The research is beneficial for
business intelligence purposes to support decision-making related to ICT
start-up investment.
