Deosai Ventures

1/ Representation matters. @indusvalleycap is sponsoring 50 under-represented founders to participate in the +92Disrupt Karachi conference organized by @LabsKatalyst Apply here by Sunday Nov 5: indus.vc/92disrupt

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 [email protected] 🚀🌟🌍

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?

🚗 🛒 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…

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 (!)/

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)