This week on How Does It Work, we have Faizan Aslam, the CEO & Founder of Bookme.pk, the Pakistani startup growing at a tremendous scale. Shayan and Faizan get into discussing multimillion dollar deals, the rise and fall of startups in Pakistan, how company valuations work, the company’s success and much more!

Why did Bookme.pk turn down a $100 million offer? Who made the decision? What are their strengths and position in the market? How does Bookme.pk compare to Airlift? Who are Book.pk’s competitors and how large is their scale? How did they do their research and ground work to build the company? Can anyone compete with them with a large investment at this point? How does valuation of a company work? What is the role of venture capitalists in new and upcoming Pakistani startups? Why did the startup bubble burst in Pakistan and what is coming next? What is the difference between startup founders who started in 2013 as compared to 2022? What is the lifestyle like of a company founder? What are the characteristics of a startup founder? Do they have shares and how much of them can they sell? What was the turning point of Bookme.pk’s success? How did they reach where they are now? What amount of offer would the company consider in selling?

Find out this and a lot more as an interesting and insightful conversation unfolds in this episode!
#HowDoesItWork #Ecommerce #Startup

00:00 Intro & Highlights
02:25 Turning Down a $100mil Deal
06:25 Who Made The Decision?
11:56 How Does Valuation of a Company Work?
14:09 How Does Airlift Burn through Investment?
18:38 Rise & Fall of the Startup Bubble in Pakistan
21:10 Role of VCs in New Pakistani Startups
25:30 Faizan’s Early Life
29:10 Lifestyle of a Company Founder
32:28 Should Founders be More Passionate? 
34:21 Startup Founders in 2013 Vs. Now
38:44 How Many Shares Can Founders Sell?
40:47 The Turning Point of Bookme.pk’s Success
42:15 What Offer Would Bookme.pk Accept Now?

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