41–50 of 72 posts
Earlier quoted context omitted.
First, "Y!" is Yahoo, not Y Combinator. Second, YC goes to great lengths to fund unusual, socially conscious, and wide eyed startups. Do you have an informed view that contradicts this widely stated goal of theirs or were you just commenting extemporaneously?
yahoo is irrelevant in 2021.
I'm taking your lack of meaningful response as a tacit withdrawal of your criticism.
[1] https://web.dev/mini-app-super-apps/#what-are-super-apps
Congratulations! A much needed space that needs innovation. Is this currently available in Bangladesh?
First love seeing more Pakistani founders! And second - this is super interesting (I'm a first generation kid - parents also came from Pakistan) my parents basically route this all through trusted family right now, have property back home they manage, and this could have made everything WAY simpler. Congrats on the launch and excited to see where this goes!
My question - why do they keep property back there? Are rental yields in Pakistan very high?
Earlier quoted context omitted.
My question - why do they keep property back there? Are rental yields in Pakistan very high?
It is also a mindset of many immigrants: always have a backup plan. My parents have lived outside of Pakistan for over 40 years and recently moved to the USA. In all that time they always had a home back in Pakistan and kept investing in more property. I am sure this is the case with immigrants from most other countries also.
One big part of the "oh shit, let's go back" plan is that it's usually so much cheaper to set things in your country of origin. Some real estate, some investments and you're set for life for a fraction of what it costs in a more expensive country. Or, alternatively, you can see this as an arbitrage: get income in a high income country, spend it in a low income country. For example, just three of my monthly salaries are larger than the median net worth back home. Think if you wouldn't try to exploit such massive inequality yourself.
Congrats on the launch! Would be very useful! Some feedback: 1) While it is awesome that you will be doing all the communication with the contractors/vendors, it would give additional confidence to know who is actually doing the tasks 2) There should be community feedback on the vendor/task. Having it available in public would increase our confidence, for example, i might be willing to use your service for visa relat…
In your point #5, not sure exactly what you are asking but in our app you pay directly through the app using a credit card - payment verification is done through the payment gateway provider.
First love seeing more Pakistani founders! And second - this is super interesting (I'm a first generation kid - parents also came from Pakistan) my parents basically route this all through trusted family right now, have property back home they manage, and this could have made everything WAY simpler. Congrats on the launch and excited to see where this goes!
My question - why do they keep property back there? Are rental yields in Pakistan very high?
In addition, property ownership is limited in a way it is not in the West (only citizens can own property, as an example, in India), so it's an advantage you want to retain as a migrant over non-natives.