Deosai Ventures

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Deosai Ventures

Deosai Ventures

@DeosaiVC

Deosai Ventures - Early stage fund for Pakistani founders. No warm intros needed!

Pakistan เข้าร่วม Eylül 2020
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Deosai Ventures รีทวีตแล้ว
katalystlabspk
katalystlabspk@LabsKatalyst·
Shehryar Hydri is the Managing Partner at Deosai Ventures, an early-stage fund investing primarily in Pakistan. We are excited to hear him speak, as he takes the stage to discuss all things SaaS, at +92Disrupt, on the 11th & 12th of November! Tickets: bit.ly/45YdodS
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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
This is a wonderful opportunity for scale-ups in a very tough funding market. Sign up asap for the orientation session to understand your eligibility and discover the benefits of this program. Please share this with other relevant founders in your network.
Usman Kirmani@UsmanKirmani

We are so excited to announce the launch of the second round of FDI Grants! With grants up to $100,000, the possibilities are endless for your international investment. Sign up for our pre-application orientation sessions now! Email us at IPAfund@pakistanipa.com 🚀🌟🌍

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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
The Road to Venture Capital in Pakistan: What 142 Founders Reveal Simple but revealing data on a topic that startup industry folks discuss all the time. Great to see this shared publicly by @TechshawHQ / @ZahidLilani #EmergingPakistan 1/2
Shehryar Hydri tweet mediaShehryar Hydri tweet mediaShehryar Hydri tweet mediaShehryar Hydri tweet media
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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
WANTED: SaaS Startups in #EmergingPakistan If you're a SaaS company in Pakistan, please sign up below and add your profile to this public directory. This list aims to help Pakistani SaaS startups get discovered by investors, clients, partners, and prospective employees. 1/2
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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
One of our portfolio companies just fired someone who was two timing them. Freelance gigs are okay but a full time 2nd job sucks your best mindshare. This is a growing phenomenon in Pakistan where top talent does more remote work and thinks they’re too smart to get caught.
Santiago@svpino

I fired somebody cheating. He was working two jobs. The guy had a great interview with me. He was sharp, and I was happy to hire him. Two weeks later, I started noticing the red flags. He joined our meetings but never turned his camera on. He would always ask to repeat the questions. He was cagey. I met with him twice and felt he should have been farther along. Around that time, I stumbled upon the idea of overemployment. A whole movement dedicated to helping people work several full-time jobs at once. Feel free to google "overemployed." It's wild! I got suspicious. Since the guy had recently joined the team, I asked him for a reference from his previous job. I told him he shouldn't worry about it; it was a routine due diligence. His answer sealed the deal for me. He got defensive and asked me to meet so he could clear up any issues with his performance. His reaction came from left field. He promised to share with me some references by the end of the day. He didn't. I asked again, and he said the next morning. He also "forgot." I confronted him one last time, and he came clean. Turns out he never quit his previous job. He was still working full-time for them. And for me. By the looks of it, we were getting the short end of the stick. I asked for his resignation. We had him on the payroll for about three weeks. I felt cheated. I didn't care about the money, but I had to start looking for someone else. I had rejected many good candidates to hire this guy. I went on Reddit, and there are thousands of people doing this. Some of them work three and four full-time jobs! This was a painful experience, but I don't blame people working for more than one company at once. Can somebody do more than one job well? Many people discard it because you should work 8 hours, but creative jobs are different. The quality of your output is independent of the time you dedicate. I would have fired the guy even if he didn't have another job. But would I have cared if he was good? Certainly not. Assuming you are good at what you do, would it be unethical to work for two different companies?

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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
Great benchmark & reality check for @pakwheels + Pakistani marketplaces other than automotive as well. They had a revenue of 1100 crore & sold for 537 crore ($65 million). With a limited local upside for the next few years, every ambitious startup must have a regional play.
Madhav Chanchani@madhavchanchani

🚗 🛒 Olx was looking to sell the India auto biz for $300 million. Cartrade is buying it for $65 mn in cash. And Cartrade added $40 mn in market cap after announcing the deal Details 👇 thearcweb.com/article/cartra…

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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
Brutal time for our market, as the political turmoil in Q2 added to the market uncertainty. Q3 will also be very slow due to the summer months but may see some deals pick up in Aug/Sep, especially if the election date is announced. 1/3
Kalsoom Lakhani@kalsoom82

1/ 👋, it's that time of year again. The Insights team at @Invest2Innovate (the sister co to @i2i_ventures) have put out the DealFlow graphic on the #Pakistan startup landscape. In Q2 2023, startups in Pakistan raised $5.68M in funding via 6 deals, 94% less than Q2 2022 (!)/

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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
AgromAI will provide insights into how crop insurance and the entire value chain can be optimized for farmers in emerging markets like Brazil and others. Please reach out to @FarmdarOfficial if this or any other customized solution can help your bottom line. #Agritech 2/2
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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
It's an incredible validation when a team is focused on building something for the Pakistani market and they keep getting inbound interest from global players impressed by their products. Delighted to announce that Farmdar is flying the flag high in Brazil. 🇵🇰🇧🇷 1/2
Farmdar@FarmdarOfficial

We are thrilled to announce the launch of AgromAI, a fintech venture in Brazil, by Farmdar. AgromAI will harness the power of artificial intelligence (AI) and geospatial data to revolutionize agricultural financial solutions in Brazil. (1)

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Deosai Ventures
Deosai Ventures@DeosaiVC·
2022: The US tech sector saw 93,000 layoffs. In the first half of 2023, we've already crossed 150,000. Biggest workforce reductions in 2023: Amazon - 16k Alphabet - 12k Microsoft - 10k Meta - 10k Ericsson - 8.5k The Crunchbase Tech Layoffs Tracker 👇 news.crunchbase.com/startups/tech-…
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Deosai Ventures รีทวีตแล้ว
Shehryar Hydri
Shehryar Hydri@sheryhydri·
This is a priceless resource for founders, CXOs & senior HR leaders. Executive Hiring Playbook The Key to Scaling in the Growth Stages Detailed handbook by @a16z : 305 pages. a16z.com/growth/executi… 1/2
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