We would like to provide a more detailed breakdown of sales in the food & beverage category: Milk is the top-selling food & beverage item, followed by Tea, Cooking Oil, and Recipe Mixes. #snappretail #retailfintech #retail #digitization #retailinsights #datainsights #data

People do not realize the importance of #SVB to the tech ecosystem. SVB's failure is the beginning of a domino effect in tech & start-ups. SVB works with more than half of all U.S. startups and is the preeminent provider of venture debt in the industry. news.crunchbase.com/venture/silico…

We need to build an inclusive world! youtu.be/6NBJ3GIUTps

Unanimous #FED decision of 25 bps hike; #FOMC clear that #inflation is priority. Terminal rate projection by year-end 2023 is unchanged at 5.1% so probably no more hikes. Remember a #pause is not a #pivot, but a #ratecut is the #pivot! Great buying opportunity ahead!

(1/10) Artificial Intelligence, #AI is the Fourth #Industrial #Revolution in the world. First one was in 1784, when steam engines were introduced, ii) 1870 when #electricity was invented, iii) 1969 when IT (#technology) came to existence.✨ A 🧵

The world & Pakistan has been through a similar cycle before. Most of us were buffered from it as our parents made it seem like life as normal. Things will eventually be better. #cycles #economy #parenthood #1970 #1980 📉📈

What’s the plan here guys? You’re going to keep 30,000 people in jail? How long? You’re going to keep imports at zero? How long? What will you do when rupee goes to 350 in the summer? This isn’t a political tweet. This is a basic strategy tweet. Where’s the plan? Really worried

What a joke! Know these guys personally. Their ethics are exemplary and also in my opinion was the most experienced team Yasir Suleman Memon

It's always tough to witness startups closing their operations, knowing the impact it has on real lives. But here's the truth: failures are an integral part of the entrepreneurial journey. In fact, most successful #founders have experienced 2-3 failures before finding their

1/I thought long & hard abt saying anything abt the recent Pakistan startup failures/pivots, friends like Shehryar Hydri & Faisal Aftab have already been v wise so I wasn't going to weigh in, but I've been too pissed off by the many naysayers & the *gotcha* folks to stay quiet. 🧵

2/ I've been a VC investor for ~ 4 yrs w/ i2i Ventures -- say what u want abt venture capital (trust me, I have), but our impact in just 4 yrs as investors has been > or = to my 8 yrs prior, building the PK startup space via Invest2Innovate. Why? Venture $ *can* be catalytic/

3/in its impact. Sure, it can also often have negative consequences, particularly when diligence isn't done properly or investments arent managed well, but venture $ in many cases globally have led to catalytic disruption of industry. But it also means u swing for the fences/

4/ The power law in VC means that a small amt of startups in ur portfolio will lead to ur most returns, but u make every investment w/ that lens. U can mitigate this by good dd, by taking bets on great founders, by staying ahead of market trends, but there are a MILLION reasons/

5/ a startup can fail. What's imp to take away from the shut down of MEDZnMORE or the pivot of Jugnu (which ppl are weirdly reacting to as if it's a failure), or the past Airlift closure or the TAG debacle is *failure is not a monolith.* it sometimes/ insights.datadarbar.io/exclusive-medz…

6/ merits a genuine postmortem, if anything for other founders & ecosystem to learn from & less often requires in depth investigation for matters like fraud. The former is not owed to u & latter is owed to the investors (but not u). This is not first shut down of a startup in PK/

7/ and it def won't be the last, because we're existing in toughest time to build a startup in 1 of the hardest markets in the world, going thru a funding dry spell. If ur a founder that swung for the fences, who is/was brave enough to try, ur a hero whether u succeed or not./

8/If ppl use stories like this to not invest in PK startups, then they're not ppl who got startups to begin w/. As investors, we don't just back founders w/ $ but oft dig in w/ them in the trenches & I know v few can do what they all do, even if some may fail in the process.

1/I find the public response to Jugnu's pivot to be a little misguided, likely fueled by the frankly irresponsibly reported ProPakistani piece. The decision by the Jugnu founders to pivot away from an asset heavy model during a funding desert is smart -- it's something a LOT/

2/ of op intensive biz r doing, they just aren't publicly announcing it. For those w/ pitchforks, u only know a sliver of real story. We've always thought Yasir Suleman Memon & Sharoon Saleem were thoughtful founders - proud of them for talking abt this pivot openly for others to learn.

We at the Venture Capital Association of Pakistan (#VCAP) 🇵🇰 are concerned about potential impact of Personal Data Protection Bill on #Pakistan's digital ecosystem. Striking a balance between national security and privacy protection is crucial. We urge comprehensive consultation