Good article and comment. The importance of having enabling legal and regulatory frameworks that incentivise are necessary. Since now IT is a provincial subject it will be interesting to see what Provincial IT Boards and Ministries do to enable this.
Best regards,
Zahid Jamil
Barrister-at-law
Jamil & Jamil
Barristers-at-law
219-221 Central Hotel Annexe
Merewether Road, Karachi. Pakistan
Cell: +923008238230
Tel: +92 213 5680760 / 5685276 / 5655025
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From: pakgrid@yahoogroups.com [mailto:pakgrid@yahoogroups.com] On Behalf Of Yusuf Jan (Mixit)
Sent: Sunday, June 10, 2012 5:32 PM
To: Yusuf Jan (Mixit); pakgrid@yahoogroups.com
Cc: Umar Saif
Subject: RE: [pakgrid] My article for Washington Post on tech startups
In fact, I urge others to post responses directly on the Post – so there is momentum and continuation added to the article and to the discussion.
From: Yusuf Jan (Mixit)
Sent: Sunday, June 10, 2012 11:28 AM
To: Yusuf Jan (Mixit); 'pakgrid@yahoogroups.com'
Cc: 'Umar Saif'
Subject: RE: [pakgrid] My article for Washington Post on tech startups
All:
My comment on Umar’s article - posted on the Washington Post.
Regards
Yusuf Jan
From: pakgrid@yahoogroups.com [mailto:pakgrid@yahoogroups.com] On Behalf Of Amir Wain
Sent: Saturday, June 09, 2012 10:11 AM
To: pakgrid@yahoogroups.com
Cc: Umar Saif
Subject: Re: [pakgrid] My article for Washington Post on tech startups
Umar you write well and I agree with some of your comments. I however have a slightly different view.
In my opinion what most entrepreneurs lack is the business acumen. Developing a good product and building a profitable business are two different animals. Filling this gap is the biggest role VCs play in many cases. They bring in management teams and provide governance at the board level to keep things on track.
The funding requirements have changed tremendously too. With itunes and android stores the sales and marketing infrastructure is available at no cost. With Amazon cloud and other pay as you go services, processing infrastructure can be available at no to minimal upfront investment.
~best
Amir
On 6/9/2012 12:19 AM, Umar Saif wrote:
Dear all -
My recent article for Washington Post on why we don't see any product startups in the developing world. This may strike a chord with several of you:
http://www.washingtonpost.com/national/on-innovations/a-tale-of-two-tech-startup-cities/2012/06/05/gJQAz6w6FV_story.html
Regards,
--
Umar Saif | http://people.csail.mit.edu/umar
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