Profit E-Magazine Issue 15

Page 10

Why Formula 1 fans are annoying and K-Electric ownership this week in Pakistan’s business and economics twitterverse

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riter Mohammad Hanif had a bit of a gaffe by not knowing how private equity works this week, but we cannot quite blame him because most people would not know this and it really only was a gaffe to those nerds that actually understand a little bit of finance. That was not even the worst part of the week, with car prices and work from home being hot topics. Ariba Shahid brings you all this and more in this week’s social media roundup.

Two sides

Yes

Yes. Yes it has. Trust us. It has.

Startup mania

Startups pump a lot of money into consumer acquisition costs. They could either go boom or bust someday. In the meantime, as consumers don’t you love it when you get discounts on ecommerce platforms? Try to enjoy this time while it lasts. Because once they are done buying customers, you are the ones that they are going to make that initial investment up from.

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Formulas derived and tested. That is what Nida Yasir thought when two NUST engineers told her about the formula 1 cars they made. There are two sides to this whole debate. The first is that Formula1 fans are extremely annoying, particularly the new ones that have popped up since they watched some God forsaken series on Netflix so it is fair for Nida Yasir to do this to them and bring them down a peg and show them nobody really cares. The second side is that she really should have at least known what she was interviewing them about. We are probably leaning towards the former side, because despite our journalistic interviewing sensibilities, boy oh boy are racing fans annoying.


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