Making Billion Dollar Startups in Pakistan!! | Dil ki Baat 022

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Hey everyone, welcome back to another episode of Dil Ki Bat. Tonight, let’s talk about the journey of startups in Pakistan. I will explore the history, key players like Careem and Foodpanda, the government's Rs. 2 billion startup fund, and the 2020 startup boom. I will also delve into the challenges, crashes, misleading narratives, and why startups in Pakistan keep failing.

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00:00 Introduction
01:25 Today's Episode Overview
01:40 History of Startups in Pakistan
02:25 Plan9
02:59 PlanX
03:16 NIC Pakistan
03:43 Lack of Success Stories
04:26 The One That Worked Out
04:42 Govt’s 2 Billion Rs. Startup Fund
05:44 Major Players: Careem, Foodpanda, Daraz, etc.
06:03 Pakistan’s 2020 Startup Boom
06:49 Reversal and Crash
07:35 Technical Definition of a Startup
09:06 Understanding Startup Costs and Scale
11:26 The Dotcom Bubble
13:17 Crash & Impact
16:59 Copycat Companies and More
17:31 Lack of Trained Investors
19:21 Rise in Investments: No Economic Sense?
21:23 Grocery Startups Crash
23:05 Sudden Traction for Startups
24:00 Careems Interesting Growth
26:55 Why Careem is a Good Example
28:55 FOMO: Everyone Wanted In
31:16 Free Money: Buyups, Disruptions, etc.
32:33 The Startup Model
36:04 Misleading Narratives
42:45 Examples: China, India, Indonesia
45:28 Analysis of Pakistan
47:03 Cutting the Delusions
47:48 Saith or Rent Seeker?
49:20 Summary & Concluding Thoughts
54:51 Solutions?