Sleeping under the desk
While there are a couple of exceptions to the implication in the headline, WebLo and Scrybe for instance, it does appear to be generally true. Pakistani companies are not attracting venture attention in general. Sure, you may have a few founders comfortable with the Bay Area scene making their case effectively and pulling money in. But that would not be due to the VC industry’s interest in Pakistan, or the identification of this country as strategic to their plans. Why is this so? A horrendously written article in the Business Recorder claims that it is because of 1) a lack of innovation and 2) an absence of the “hard work” ethic.

The Business Recorder article is essentially based on what seem to be interviews with some Pakistanis and a couple of europeans working in VC firms, both in the Bay and in Europe. One of the Pakistanis interviewed asserts that the reason why Pakistan is not attracting VC interest is because ideas coming out of the country are not really innovative and folks in the tech industry don’t really abide by the work ethic that places like Silicon Valley take for granted.

Those who are familiar with the industry in Pakistan probably have a lot more to say about the lack of a “hard work” ethic. Do we really have a culture of hard work similar to what exists in Silicon Valley? We’ve all heard of, read about or seen, depending on our exposure, companies like Netscape, where developers would routinely sleep under their cubes and practically live at the office for days in order to get a release out the door, on time. Calling this phenomenon “hard work” is really to miss the essence of it. This is not just about putting in long hours. It is about tying yourself up emotionally with the product you’re working on. While you’re working on it, it becomes an extension of your very being. And that drives the desire to perfect it, to make sure it is the best out there, that it comes out the gates at a a dead gallop the moment the referee pulls the trigger. It’s more than hard work. The hard work is merely one manifestation of the level of dedication and commitment exhibited towards the project. It’s about being true to your work, and being 100% invested in it, mind, soul and body.

How often do we see this amongst the employees or leaders in our local tech companies? I really do mean this as a genuine question. Not as one of those rhetorical questions that get answered by the author right after he’s asked them! So I’ll fight the urge to spill the beans on my own opinion.

The thing about this emotional investment phenomena is that it is viral. We’ve got to be able to point at a couple of companies in Pakistan where this is happening and is yielding excellence – in terms of product quality, innovation and/or commercial success. Due to the supply problems in the labour pool we’ve identified earlier, it’s just hard to see how you motivate a workforce that’s getting 30-50% year-over-year salary increases without having to demonstrate the emotional investment that builds great companies.

It can’t just be about the money! How do we get people to care? Your thoughts?

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