Right now there’s a super exciting cambrian explosion happening in Pakistan’s technology space. Dozens of startups going from zero to one in Pakistan. Every few days a passionate entrepreneur raises several million dollars, powered with an idea, a hope, and a dream. Pakistan is the most exciting country in the global startup space right now.
These are certainly reasons to feel good about Pakistan’s tech investment scene as startups go from zero to one. At the same time, there are some big hurdles in Pakistan for tech startups in going from one to ten. This potential for exponential value creation, beyond the first headline round, is why investors like us will be drawn deeper into Pakistan. Most ideas and execution roadmaps are often a replica, or inspired from high-income or middle-income markets. The hope here is that whatever worked in those jurisdictions can also work in Pakistan – often because the real actionable valuable insights are below the surface. Additionally, and more importantly, figuring out whether the necessary hard and soft infrastructure exists is too often taken for granted in other markets. That critical vital valuable infrastructure often does not exist in Pakistan. Entrepreneurs who solve Pakistan’s infrastructure problem present the most attractive investable opportunities in tech today.
Building a technology stack on top of a physical and knowledge infrastructure is easier and has been demonstrated to work in market after market. But building the...
Read Full Story: https://profit.pakistantoday.com.pk/2022/01/02/the-unicorns-are-here-and-its-time-to-invest-in-our-tech-infrastructure/
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