Pakistan

“We're financing 2.5 million homes that were impacted by floods in Sindh. They've all been bent on a higher plinth with thicker walls.”

“Pakistan went, like, I think it was like two years or three years, 40% of its total load now was It has imported solar panels equivalent to 40% of its total load.”

“I invested in the zap for Pakistan, and the combination of regulatory changes and weather patterns meant that it went bust very, very quickly. We've burned twenty-five million dollars of my money in nine months.”

“But Russia will not, ah, unthinkingly support India. They also have their interests to look at, ah, whether it is vis-a-vis China, which is now increasingly influential on Russia. Or, ah, Pakistan, which remains, because of its geography, a very, very importan…”

“One of the things that has emerged very clearly after Operation Sindhu, Is the open Chinese involvement in in Pakistan's military and offensive and defensive capabilities.”

“Earlier we used to talk about two fronts. Now it's just one coordinated front with Pakistan as the lead player.”

“There's a company in our current accelerator batch called Zarpay, which is operating in Pakistan, and they're basically creating a network of small you know the little shops if you've been to Africa or wherever they have these little sort of mobile kiosks wher…”

“The television audience back home in India for this was four hundred million people.”

“I think getting Saudi done will be key because there's another 10 countries that will happen Right after that, whether it's Pakistan, Indonesia, we had a whole bunch of countries that really wanted to go, and I think there's a lot more work to do there, which …”

“And they have given Pakistan [526] Rajiv Sikri: The nuclear weapons. [528] Rajiv Sikri: They've given them the technology. [530] Rajiv Sikri: The Chinese gave it to them. [532] Rajiv Sikri: The Americans winked at it.”

“So now I think Mr. Modi's government has decided is enough is enough. We're not going to waste our time with them. And therefore we are saying, well, you know, the only thing to discuss with them is how to stop terror and please return us to be okay.”

“The Jamaat-e-Islami, which is now running the show, is a lot of pro-Pakistani elements.”

“My biggest mistake on entry was Thinking emerging markets was a good idea and investing in Pakistan.”

“The industry is given as an example globally as to how two countries can go to war three times, yet be in a position to share the waters.”

“And I was on Jieda, which is the joint IED on, you know, task force. So we would do crazy things like sprinkle markers into the fertilizer plants in Pakistan that were used to make the IEDs so we could Track them.”

“If you surveyed every other person in the world who is living in America now, what's the one country they would want to live in? What system that they think is the best for their children? They would still choose this system. They wouldn't choose China, Russia…”

“At that time, in 2011, there was only one company outside of the National Gas Company and the National Oil Company that was worth more than a billion dollars.”

“A lot of people, talented people, when they graduate from college, they aspire to join multinationals or leave the country and join companies outside. They don't necessarily aspire to become entrepreneurs.”

“We think that CIA took it from us because the owners were Middle Eastern immigrants who had strong ties back to Pakistan. And we suspect and don't know and can't prove, and we were just left to wonder we think it was taken from us because interrupting that mo…”

“There is basically two countries, Bangladesh and Pakistan. We're combining about four hundred million people. GDP capital actually higher than India. But still, sub-one percent e-commerce penetration, low levels of digital payments, and low levels of BTP softw…”

“And that combined, you have roughly about a trillion dollars in GDP, that probably over the next 1020 years, 20 to 30% of that is up for grabs by technology companies that can service that revenue base.”

“If you look at a country like Pakistan, they went, on average, for three years, raising twenty million dollars in total for the venture ecosystem, where in twenty-twenty-one, it got to two hundred fifty million dollars. In twenty-twenty-two, it was three hundr…”

“I'm thinking about one person now who literally decided they were going to invest in 14 companies in Pakistan. They didn't really know Pakistan at all and never been there. They just assumed one of them would hit and that didn't help the ecosystem at all. I me…”

“The largest e-commerce player in a market of two hundred twenty million in Pakistan right now maybe has two, three hundred million GMV.”

“We were less talked about as we were working with the large Muslim countries in Asia as well. We often think about Israel and the Muslim nations of the Gulf, but we shouldn't forget that Islam's biggest adherence sit in Indonesia, Pakistan, Malaysia places in …”

“My biggest fuck up in this fund cycle was a company called Airlift in Pakistan. I thought I knew better. I analyzed the market to the end of the world, the opposite of FTX. I did more diligence than anyone could have done, and actually, I'd never been to Pakis…”

“This group had come in, like most Terrorist groups saying, your community has suffered injustice. We're going to solve real social challenges in the way of Allah, right? Give us your gold and stand with us. So they didn't come in saying, we're going to blow up…”

“I think the markets that are in the most trouble are Africa and Pakistan.”

“India and Pakistan saw some of their warmest springs on record, an event made 30 times more likely by climate change, according to the World Meteorological Organization.”

“If you if you look at bond prices, the three countries that are the next closest to defaulting. So Russia has defaulted, but that was more a vagary of, you know, foreign currency controls that, that didn't allow them to pay. But Sri Lanka has officially defaul…”

“But as of January of this year, our average order value was about nine dollars and 20 cents.”

“For us specifically, Harry, we're looking at free cash flow across all markets across the country. In our first market in, in Pakistan sometime between Q four and Q one within the next six or nine months.”

“India and Pakistan, Pakistan on the AI side, mainly India on the, you know, on the website, let's say.”

“But yeah, so right now, a lot of those markets are too heated, and we're going to slow down a little bit.”

“So, you know, from us to Canada, to Australia, Singapore, et cetera, but bulk of our support is based out of either Pakistan or out of some of the other Asian countries.”

“It's around a thousand to 2000 dollars a month.”

“Smartphones, Android smartphones now are down to 25 dollars, right? And so India, Pakistan, you know, whole range of developing world countries, Indonesia, you know, you go to the local store and you literally get an Android smartphone for 25 dollars, right?”

“And this is the thing I've been talking a lot about that people occasionally get angry about, because they think it won't Can't possibly come true, but I'm convinced it's going to come true, which is I think everybody on the planet by the end of the decade is …”

“That segment eventually ended up on the homepage of CNN, and they treated it as news.”