Connect with us


The VC parallels for China and Pakistan

Madison Franz



The VC parallels for China and Pakistan
Want create site? Find Free WordPress Themes and plugins.

For all the doom and gloom being spelt out regarding the future of venture capital, especially with regards to its suitability for Pakistan, the country has shown a fair bit of resilience amid a global downturn. New (and old) investors continue to back Pakistani entrepreneurs, with Peter Thiel — the founder of PayPal and Palantir Technologies — becoming the latest high-profile addition.

Overall investments into the startup ecosystem of $325 million year-to-date are still on track to at least match the 2021 total of $366m, according to Data Darbar, even if that’s on the back of deals closed earlier. Sure, the rounds might further slow down as many foreign investors reassess their allocation to both the venture capital (VC) asset class and Pakistan. But that’s not the case with William Bao Bean, the General Partner of SOSV, the fourth most active VC firm globally in Q2 as per Pitchbook, with assets under management of $1.2 billion.

In a little over two years, the fund has invested in 16 Pakistani companies. Unlike many international investors who entered the local market out of fear of missing out in 2021, Mr Bean and his fund seem to have the country as part of the broader strategy.

“We are doing Pakistan for Pakistan,” says Mr Bean in answer to whether the shaky macro risks have changed how he views the market. As someone who covered the Chinese telecom, media and technology sectors for Deutsche Bank in the 2000s, he sees many parallels between China then and Pakistan today. “When I started covering China internet in 2003, the total valuations of all the startups was $3bn. My goal was to help Jack Ma explain Alibaba, the business-to-business (B2B) marketplace, to global investors for its initial public offering. Since then, the sector’s market cap has risen to $2.5 trillion. Pakistan today is $3bn, so I am hoping for something similar,” he adds.

In 2003, the total valuation of all the startups in China was $3bn, but since then, the sector’s market cap has risen to $2.5tr — Pakistan today is at $3bn, so there is hope for a similar path

“I want to do the same thing here as I did in China: explain, to my best, the local market to people from around the world. My biggest goal here is not just to help startups get off the ground and grow but also to make sure that the global investors can understand and be comfortable writing cheques here,” Mr Bean explains.

For now, the fund is primarily looking at early-stage startups trying to solve the ‘big problems’, which essentially share one characteristic: those solving the ‘big problems’ like digitising kiryana, logistics, and insurance, among others.

Initially, the terms of the deal are pretty standard: take 5-7 per cent of common equity and invest $150,000 though the valuation can differ. Of that, $45,000 is the programme cost that the portfolio companies undergo — in the case of Pakistan, the erstwhile MOX and Chinaccelerator were recently merged into one and rebranded as Orbit Startups.

Mr Bean feels beyond the money invested, these programmes are what set SOSV apart. “Our value addition is enterprise sales and customer acquisition, and all the startups get free advertising along with a strong corporate network,” he says. The fund makes follow-on investments, though its pockets are a little tight there. “We have a follow-on fund for $20m+ Series B and onwards, which doesn’t conflict with the core fund [$277m]. We try and maintain as close to our pro rata as possible, but last year, our companies in Orbit closed $286m in follow-on funding. Meanwhile, our whole budget for follow-on in a year is $3.5m, and the pro rata on that is $15m,” says the investor.

The 16-company portfolio of Orbit in Pakistan has cumulatively raised more than $53m since the commencement of their operations, of which the five that have gone for subsequent rounds did receive follow-on funding from SOSV. Of course, the numbers are skewed by Dastgyr’s $37m — the only startup in the portfolio to have raised Series A investment while the remaining fifteen are still pre-seed or seed.

The fund has already been exposed to logistics and e-commerce (B2B kiryana and direct-to-consumer brands like HighStreet and PriceOye) and is now looking at missing sectors. “We are looking at agri, health, edtech — any company that has a high customer acquisition problem but the business makes money and can benefit from our free advertising and distribution,” says Mr Bean.

The author is the co-founder of Data Darbar, a private market portal

Published in Dawn, The Business and Finance Weekly, September 5th, 2022

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading


E Learning Unimal

Odyssey News



e learning unimal
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on E Learning Unimal? You have come to the right place! In this blog post, we will provide a step-by-step guide on E Learning Unimal

Elearniing Universitas Malikussaleh – Unimal

selamat Datang Di Portal E-Learning Universitas Malikussaleh


Teknik Kimia Universitas Malikussaleh

Bukit Indah|24 Maret 2020|Cara Mudah Kuliah Online dengan Google Meet. · 1.45K subscribers ; Bukit Indah|18 Maret 2020|Panduan Video e-learning Untuk Dosen · 1.44K …


Free Elearning Unimal APK Download For Android – GetJar

The elearning application for Malikussaleh University student activities. This application was created to make it easier for students to take part in online … – Elearning Universitas Malikuss… –

Elearning Universitas Malikussaleh · Safety status. Safe · Server location. Indonesia · Latest check. 2 months ago.


Cara Isi Absensi di E-learning UNIMAL – YouTube › watch


Cara Login ke E-learning UNIMAL menggunakan akun … – YouTube › watch


Tutorial Enrol ke Kelas di E-learning UNIMAL dari HP – YouTube › watch – Website Informer ›


Arsitektur UNIMAL (@igpaft) • Instagram photos and videos

igpaft · Architecture Sharing Session – Workshop E-Learning UNIMAL oleh Bpk Nasrudin ST., MT · Kegiatan Sosialisasi Kurikulum Merdeka Belajar Kampus Merdeka untuk …


Tag: Perkuliahan e-Learning – – Aceh Tribunnews › tag › perkuliahan-e-learning


Tutorial Enrol Kelas E-learning UNIMAL Part 2 – YouTube › watch


Tutorial Membuat Daftar Presensi oleh Dosen di Elearning UNIMAL › watch


#3. Tutorial Cara Mendaftar (Enroll) Mahasiswa oleh Dosen pada E … › watch


e-learning unimal – › tag › e-learning-unimal


This is a complete list of sources that I found to be helpful in researching E Learning Unimal. If there are any other sites or articles you think should make this list, please leave them as comments below so we can include them!


You might also like:

GPT44X Amazon

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading


Unveiling Brilliance: Exploring the Magic of Al Fakher Diamond Dust





Al Fakher Diamond Dust
Want create site? Find Free WordPress Themes and plugins.

Imagine enjoying smoking on a whole new level, with a dash of genius added to every inhalation. This is precisely what the ground-breaking product in the shisha market, Al Fakher Diamond Dust, claims. This article explores the numerous facets of this amazing product, including its characteristics, background, and the reasons why enthusiasts today view it as indispensable.

Al Fakher Diamond Dust: A Diamond in the Rough

The essence of Al Fakher Diamond Dust is revealed to be a distinctive blend of fine tobacco and faintly shimmering diamond-like particles. The outcome? A unique smoking experience where luxury and flavor collide.

The Origin Story

Explore the origins of Al Fakher Diamond Dust and follow its history back to the rich tobacco customs of the Middle East. Discover how creativity and skill combine to produce a product that appeals to the senses.

Crafting Brilliance: Manufacturing Process

Al Fakher Diamond Dust

Al Fakher Diamond Dust


Discover the complex procedure that goes into making Al Fakher Diamond Dust. Every stage, from picking the best tobacco leaves to carefully adding tiny particles that like diamonds, is an example of excellence and perfection.

The Mesmerizing Features

We explore the unique qualities of Al Fakher Diamond Dust that make it unique in the world of indulgent hookahs.

Diamond-like Sparkle

See the eye-catching beauty of Al Fakher Diamond Dust. The delicate shimmer gives your smoking experience a touch of luxury and sparks conversation at any get-together.

Flavors That Dazzle

Explore a range of tastes that aren’t your typical ones. Al Fakher Diamond Dust provides a range of options to suit every taste, from traditional blends to creative creations.

Smoking with Elegance

With Al Fakher Diamond Dust, your shisha sessions will be elevated from a casual hobby to an opulent event.

The Perfect Social Companion

Al Fakher Diamond Dust

Al Fakher Diamond Dust


Find out how smoking is made more socially enjoyable with Al Fakher Diamond Dust. With friends, enjoy happy and restful times to make every session special.

Tips for Optimal Enjoyment

With helpful advice on taste matching, heat management, and packing, you can maximize the benefits of Al Fakher Diamond Dust. Make smoking a ritualistic endeavor.

Frequently Asked Questions

Q1: Is Al Fakher Diamond Dust suitable for beginners?
Absolutely! Al Fakher Diamond Dust caters to all levels of enthusiasts, offering a smooth and enjoyable smoking experience for beginners and seasoned users alike.

Q2: How long does the diamond-like sparkle last?
The diamond-like particles in Al Fakher Diamond Dust are designed to last throughout the smoking session, providing a mesmerizing visual experience from start to finish.

Q3: Are there any health concerns with inhaling diamond-like particles?
Rest assured, the diamond-like particles in Al Fakher Diamond Dust are safe for inhalation. Extensive testing ensures a worry-free smoking experience.

Q4: Can I mix Al Fakher Diamond Dust with other shisha flavors?
Certainly! Get creative with your flavors by mixing Al Fakher Diamond Dust with your favorite shisha blends. The possibilities are endless.

Q5: Is Al Fakher Diamond Dust available worldwide?
Yes, Al Fakher Diamond Dust is globally accessible, bringing its unique sparkle to shisha enthusiasts around the world.

Q6: How do I clean my hookah after using Al Fakher Diamond Dust?
Maintaining your hookah is easy. Simply follow standard cleaning procedures, ensuring a residue-free experience for your next smoking session.


To sum up, Al Fakher Diamond Dust is a sensory experience that combines flavor and visual appeal, going beyond the bounds of traditional shisha. Enhance your smoking routine with this innovative gem.

Also Visit: Dermatologist Personalized and Custom Skin Care Routine

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading


error: Content is protected !!