Open Forum 2018: Pakistani-American Entrepreneurs Summit in Silicon Valley

Hundreds of Pakistanis and Pakistani-Americans converged on Santa Clara Convention Center in Silicon Valley on Saturday May 12, 2018 for Open Forum 2018.  The attendees included entrepreneurs, technologists, business executives, investors, lawyers, accountants and others.What was different this year was the presence of an unusually large number of attendees from Pakistan, including dozens of Fulbright scholars studying in the United States,  entrepreneurs from Pakistan, and Husain Dawood of Dawood Group of Companies, the second largest business group in terms of market cap of the companies listed on the Karachi Stock Exchange. Driverless vehicle tech and leading-edge brain research were among the new research and technology topics discussed at the Forum.

L to R: Imran Qureshi, Nazim Kareemi, Husain Dawood, Riaz Haq, Faruk Ahmad at Open Forum 2018

Husain Dawood Keynote:

The morning keynote by Husain Dawood of Dawood Group was in the form of an on-stage interview of the visitor by Imran Sayeed. Sayeed is part of the Entrepreneurship and Innovation faculty at the MIT Sloan School of Management in Cambridge, Massachusetts.

L to R: OPEN President Mobashar Yazdani, Imran Sayeed, Husain Dawood. Photo: Zain Jeewanji

Talking about ups and down of his business that reflect Pakistan's history, Husain Dawood said his father Seth Ahmad Dawood started in the textile business in undivided India and lost everything when he moved to Pakistan in 1947. He rebuilt the business from the scratch starting in 1947 but then suffered a major setback again in 1971 when the eastern wing of the county broke away. The family lost half its business in what became Bangladesh and the other half of its business was nationalized in what was left of Pakistan led by Zulfikar Ali Bhutto. They were forced to start all over again.

Husain Dawood took over the leadership of the group in 2002 when Ahmad Dawood passed away. Helped by President Musharraf's pro-business policies, Dawood diversified from textile into other businesses such as fertilizer, food, energy and communications.  The group took on a lot of debt to expand. Dawood invested nearly a billion dollars and built one of the world's largest fertilizer plants on government's commitment to supply gas to the plant. Then came the PPP government that went back on the commitment and plant ground to halt. The group was able to get it working again when Nawaz Sharif government took power in 2013 and restored gas supply to the plant. Dawood group also invested in the power sector upon Nawaz Sharif's urging to help deal with the energy crisis.

Karachi School of Business Leadership (KSBL):

After the keynote, I asked Husain Dawood why do the family owned business conglomerates and seth culture have such a strangle-hold in Pakistan. He said he's been working to change it to put professional managers in charge of the companies owned by his group. He cited his support for the setting up of Karachi School of Business Leadership (KSBL) a top private business school in Karachi.  KSBL was launched in collaboration with the UK's Cambridge University's Judge School of Business. KSBL faculty includes former professors at top US business schools like Wharton and Sloane.  Dawood said he is now working on creating a Business Leadership Institute at KSBL in collaboration with leading business schools and management consultancies.  McKinsey and Company is among the consultancies he's working with.

Dr. Maheen Adamson's Keynote. Photo Courtesy Ali Hasan Cemendtaur

Dr. Maheen Adamson Keynote:

The afternoon keynote speakers was Dr. Maheen Mausoof Adamson, a Pakistani-American professor at Stanford School of Medicine. She is engaged in leading-edge research and development for treating a variety of brain impairments such as Alzheimer's and brain injuries in sports and on the battlefields.

She spoke directly to the young women in the audience to inspire them to set and achieve ambitious goals as women, particular Muslim women of color with immigrant parents.

Dr. Adamson is working on translational neuroscience methodologies for diagnostic and therapeutic treatments (mainly repetitive Transcranial Magnetic Stimulation (rTMS) in mild and moderate Traumatic Brain Injury (TBI), including structural and functional changes in the brain in both Veteran, active military and civilian population.

One particular kind of brain injury she described is "blast wave injury" that results from just being near a blast that generates fast moving high energy waves. These waves cause serious physical and structural damage to the brain.

She said her research is in early stages and a lot more work is required to fully understand and treat brain impairments and injuries.

Self-Driving Cars:

I was not able to attend the driverless car panel discussion at Open Forum but I spoke with its moderator Shoeib Yunus. Shoeib said there are many Pakistanis working on driverless car technology in the global auto industry.

In particular, Shoeib mentioned two names: Sajjad Khan and Zaki Fasihuddin.

Sajjad Khan is the head of Mercedes Digital Car Division.  As Vice President - Digital Vehicle and Mobility at Mercedes Benz Cars, he is based in Stuttgart, Baden-Württemberg, Germany. Sajjad has about 300 engineers working for him at Mercedes Research and Development Center in Silicon Valley, CA.  Prior to coming to Mercedes, Sajjad worked for BMW in Munich, Germany.

Zaki Fasihuddin is Vice President of Strategic Partnerships in the Volvo Cars Silicon Valley Technology Center, and CEO of the Volvo Cars Tech Fund focused on funding research in driverless cars.

Social Entrepreneurship Panel: 

It was an all-women panel with two of the three panelists coming from Pakistan to participate in the conference. It was moderated by Shahab Riazi. The companies represented at this company were: Komal Ahmad of Copia, Shameela Ismael of Ghar Par and Maryam Arshad of Impact. They head for-profit startups with the motto: Do good and do well.

Komal Ahmad of Copia described how her company is helping solve hunger by reducing waste of millions of tons of perfectly good, healthy and edible surplus food. Her company's smartphone app matches those with excess food with those in need of food. The idea was born when  Komal saw University of California at Berkeley's cafeteria regularly throwing away un-eaten food. It took her a couple of hours to persuade the cafeteria director to donate the food instead of throwing it away. His main concern was liability if someone ate the food and got sick and sued the university. Komal explained to him that a good samaritan law protects donors from liability in such cases. That was the key to getting him to agree to begin donating surplus food to charity.

Komal's business helps donors, recipients and Copia as the match-maker. Donors get tax deduction for the in-kind donation, the hungry get fed and Copia receives a commission for their work.  Cpoia is a Y Combinator company. It received its seed funding from Pakistani-American Amar Hanafi, a charter member of OPEN, Organization of Pakistani-American Entrepreneurs.

Lahore-based Ghar Par has a similar business model for matching beauticians with customers. It provides employment for women looking for work and generates fees for Ghar Par as a match-maker.

Summary:

Organization of Pakistani-American Entrepreneurs (OPEN) held its annual forum in Silicon Valley on Saturday, May 12, 2018 at Santa Clara Convention Center. It drew hundreds of attendees including entrepreneurs, technologists, business executives, investors, lawyers, accountants and others. There were a large number of attendees from Pakistan, including dozens of Fulbright scholars studying in the United States, entrepreneurs from Pakistan and Husain Dawood of Dawood Group of Companies, the second largest business group in terms of market cap of the companies listed on the Karachi Stock Exchange. Driverless vehicle tech and leading-edge brain research were among the new research and technologies discussed at the Forum.

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Comment by Riaz Haq on June 23, 2023 at 6:36pm

Two Titan submersible passengers were prominent science philanthropists in Pakistan

https://www.nature.com/articles/d41586-023-02100-y

Two of the passengers who died when the Titansubmersible imploded on its way to explore the wreckage of the Titanic in the North Atlantic belonged to a family that are prominent philanthropic funders of science in Pakistan.

Shahzada Dawood, and his son, Suleman Dawood, were part of the Dawood Foundation, which set up a university, girls’ school and museum, all with major focuses on science.

“The tragic loss of father and son is, first and foremost, a human tragedy and a tragedy for the family,” says environmental scientist Adil Najam, who also studies philanthropic giving in Pakistan. “We have also lost someone with a real, personal and abiding interest in science. It is a tremendous loss of a champion for science.”

“This is a huge tragedy for Pakistan,” adds Atta-ur-Rahman, a chemist at the University of Karachi and a former minister for science. “The [Dawood] family has made enormous contributions to education and science during the last five or six decades.”

The Dawood family’s foundation established the Dawood University of Engineering and Technology in Karachi; the Karachi School of Business and Leadership; the MagnifiScience Centre, Pakistan's first contemporary science museum also in Karachi. Dawood public school provides high quality science education for girls, Najam says.

Members of the Dawood family posted a statement to the foundation website about the deaths of Shahzada and Suleman. “We are truly grateful to all those involved in the rescue operations. The immense love and support we receive continues to help us endure this unimagineable loss.” The statement also said: “At this time, we are unable to receive calls and request that support, condolences and prayers be messaged instead.”

Both Rahman and physicist Pervez Hoodbhoy of the Black Hole Institute, a science and cultural centre in Islamabad, say that the Dawood Foundation is a rare example of much-needed science-philanthropy. Many young people are trying to leave Pakistan because of an economic crisis and a lack of opportunities. Around 800,000 people left in 2022 to seek work abroad. Between 400 and 750 people from Pakistan, as well as Egypt and Syria died last week when a boat capsized off the Mediterranean Sea on its way from Libya to Europe, according to media reports.

The Dawood family foundation has tried to address these problems by creating opportunities for science education. Rahman adds that there is much more that needs to be done. “We need to rethink our national policies, so that we can use this huge pool of talent for our own socio-economic development,” he says.

Comment by Riaz Haq on June 30, 2023 at 10:57am

Family of Pakistani father and son who died in Titan submersible shares memories and gratitude

https://apnews.com/article/titanic-submersible-implosion-pakistan-d...

ISLAMABAD (AP) — The family of two Pakistani men who died in the implosion of a submersible as it descended to the wreckage of the Titanic held a virtual memorial service Tuesday and thanked everyone who tried to rescue the father and son or sent condolences from around the world.

The prayer service was arranged by the family of Shahzada Dawood and his 19-year-old son, Suleman, days after authorities confirmed that everyone on the Titan died. The submersible carrying five people imploded near the site of the shipwrecked Titanic and killed everyone on board.

Shahzada Dawood’s widow, Christina Dawood, was in tears as she shared memories of her husband and son. She was on board a support vessel on June 18 when she got word that communications with the Titan submersible had been lost during its voyage to the ocean floor.

In her remarks, she thanked those who had helped the family in its time of grief. The service was broadcast on YouTube through the family’s charity, the Dawood Foundation.

Shahzada and Suleman Dawood were members of one of Pakistan’s most prominent families. The elder man’s father, Hussain Dawood, said during Tuesday’s service that his son and grandson were gifts of God that had been taken back by God.

He also described the two as martyrs and said “martyrs go straight to paradise.”

“What does the father say” when he faces such a tragedy, he asked.

Hussain Dawood, said Suleman and Shahzada were very excited about going to see the Titanic and before leaving for their voyage convinced him that“we should go to Antarctica, too” next winter.

“I’m actually convinced they have enriched our lives beyond measure,” Dawood said, vowing, “We will take forward their legacy.”


Christina Dawood shared memories of when she first met her husband and their wedding in Pakistan’s eastern city of Lahore.

When Suleman was born, her husband was happy like other fathers but “when he held his son for the first time, I just knew these two belong together,” the wife and mother said. She sensed then that he had “found a long-lost companion for his adventures to come.”

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