Cocomos and IPO frenzy this week in Pakistan’s business and economics twitterverse
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n this week’s social media round up, Ariba Shahid walks us through the falling number of cocomos per packet, Karachi’s complex relationship with Tabish Gauhar, Waqar Zaka’s war on Elon Musk, as well as what to do if your boss sees your tweet about them. All this and more in this week’s social media roundup.
Conclusion
For the love of genres Minahil sums up what it’s like to be on twitter in a tweet. It’s crazy and we live for crazy
Not so impressive records
While we agree with Asra on how the population finds it cool to hate on Pakistani content, we can’t help but mention the fact that Hollywood comes out with hundreds of movies each year. A majority of those movies have nothing to do with the army. Pakistan comes out with a handful of movies in a year out of which more than half of them are either by the ISPR or about the army in some way. We even got a navy movie believe it or not. A romcom here or a comedy there that does not involve patriotism might be nice.
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If you do something specific enough, you will no doubt manage to create a world record, most probably because it just hasn’t been done before. The way there is a Guiness World Record for most soda cans opened with a parrot’s beak, or there is a record in cricket for fastest century in the first session of a test match (in terms of minutes). It really is a case of inventing records for yourself. In the same way, when it comes to financial news, it is always “First IPO of the year” this, and “IPO after x years” that, or “First (insert industry) IPO in x years”, and now “Two equity IPOs in a month”. What we’re trying to say is, you will always find a way to make an IPO sound special – but do we really need to celebrate IPOs? I mean after all, when are we going to normalize IPOs? Osman Mohiuddin, ex banker and startup founder rightly points out how the SECP needs to do more for minority investors, especially in light of more IPOs.
