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Cazoo: Mubadala's worst recent tech investment
Welcome to Skim, a series by Termsheet that publishes concise one-minute reads that cover the latest tech data and news from emerging markets. Cazoo…
Jun 3
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Zubair N. Paracha
10
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Cazoo: Mubadala's worst recent tech investment
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May 2023
Jahez vs HungerStation
Good afternoon, Whenever I reported on Delivery Hero for MENAbytes, I wondered why Talabat, Carriage, HungerStation, and even Yemeksepeti did not seize…
May 29
•
Zubair N. Paracha
13
2
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Jahez vs HungerStation
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April 2023
E&'s big bold bet on tech
Good morning, Termsheet now has over 5,000 subscribers, which I had set as a milestone before turning on subscriptions. I am not yet ready to do that…
Apr 30
•
Zubair N. Paracha
8
2
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E&'s big bold bet on tech
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December 2022
Swvl's terrible unit economics
Good afternoon, Swvl’s market cap as of December 23rd is less than $15 million. This is what a lot of pre-seed stage startups in the region raised money…
Dec 26, 2022
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Zubair N. Paracha
32
2
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Swvl's terrible unit economics
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October 2022
Anghami's slow growth
Good afternoon, This is the fifth issue of Termsheet since I resumed writing last month and I think it’s time I experiment with the format. Thanks for…
Oct 15, 2022
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Zubair N. Paracha
9
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Anghami's slow growth
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Saudi's growing influence
Good afternoon, Last month, LinkedIn unveiled top startups across different markets in the world; UAE, Saudi, and Egypt in the region. All these three…
Oct 6, 2022
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Zubair N. Paracha
20
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Saudi's growing influence
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September 2022
Careem is losing its grip on its core business
Good afternoon, The closest I have come to buying an iPhone was when the FOMO of not being on Clubhouse (almost) got to me. I am glad that I still…
Sep 28, 2022
•
Zubair N. Paracha
26
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Careem is losing its grip on its core business
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Swvl has lost over $200 million in 3 years
Good afternoon, A few weeks ago a founder I’ve known for quite some time asked me if they should raise more money. My immediate response without even…
Sep 20, 2022
•
Zubair N. Paracha
18
4
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Swvl has lost over $200 million in 3 years
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Capiter and the shitshow
Good afternoon, About two years ago, a founder reached out saying that they had raised a new round and would like MENAbytes to break the story. I asked…
Sep 13, 2022
•
Zubair N. Paracha
32
5
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Capiter and the shitshow
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Jahez's phenomenal growth
Good afternoon, Welcome to the third Termsheet. I’ve missed writing. It has been almost two years since I wrote the last Termsheet. When I started this…
Sep 9, 2022
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Zubair N. Paracha
10
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Jahez's phenomenal growth
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August 2022
Three MENA companies make it to Top Y Combinator companies list
Three companies from the Middle East & North Africa; Instabug, Breadfast, and Yassir, have made it to the latest Y Combinator Top Companies list. YC Top…
Aug 31, 2022
•
Zubair N. Paracha
2
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Three MENA companies make it to Top Y Combinator companies list
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Sanabil Investments quietly emerges as top growth-stage investor in Saudi startups
In the last twelve months, three Saudi startups have raised $100 million or more. There's one thing common in all these deals: Sanabil Investments, a…
Aug 25, 2022
•
Zubair N. Paracha
1
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Sanabil Investments quietly emerges as top growth-stage investor in Saudi startups
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