When Currency Volatility Hits the Street: Why Economic Protests Are Rarely About Just Economics
In many emerging economies, sudden waves of protests are often explained in simple terms: inflation, currency depreciation, or declining purchasing power. But reality is usually more layered. Currency shocks rarely remain confined to balance sheets or trading screens; they move quickly into everyday life, reshaping incentives, behaviors, and even moral boundaries in the marketplace. What […]
Iran’s Stock Market Between Global and Local Forces
In recent weeks, financial markets have been shaped more than ever by the simultaneous pressure of global and domestic variables—a condition that makes decision-making harder for investors, yet far more meaningful. While major global stock markets are going through price corrections, tighter monetary conditions in parts of the world, and a rise in institutional risk […]
Why Iranian Businesses Must Learn to Tolerate Ambiguity
In management literature, ambiguity is often confused with crisis, volatility, or instability. But for a business, ambiguity has a more precise meaning: the erosion of the reliability of our mental model of the future. The issue is not merely that we do not know what will happen. It is that we do not know which […]
Reading War Through Data
In many historical crises, narratives tended to move ahead of reality; analyses would take shape first, and only then would data arrive to confirm or refute them. In the current crisis, however, this relationship appears to have partly reversed. Data is beginning to tell us what is changing before coherent narratives fully emerge. The Iran […]
Iran War Economy: What the War Has Actually Done to Iran, the Middle East, and the Global Economy So Far
Why the Iran War Economy Cannot Be Read from the Battlefield Alone When people search for the economic impact of the Iran war, they often look first at the battlefield. But from an economic perspective, that is not where the most important story begins. So far, the clearest evidence suggests that the center of gravity […]
Iran’s Startup Ecosystem After the Ceasefire: Survival Is Not the Same as Recovery
In the weeks following the ceasefire, Iran’s startup ecosystem entered a fragile new chapter. The shooting may have slowed, but uncertainty did not. For founders, platform operators, investors, digital workers, and technology advocates, the post-war period did not feel like a return to normal. It felt more like a stress test whose results were finally […]
Family Businesses: The Pillars of Iran’s Economic Resilience in Times of Crisis
If we are going to speak seriously about the future of Iran’s economy, the consequences of war, reconstruction, employment, and the role of the private sector, then we must pay far greater attention to family businesses. In Iran, a family business is not merely a form of ownership; it is a mechanism of survival. Iran’s […]
IRAN: Settling Scores with the Internet Economy Under the Shadow of War
There is a dangerous moment in every prolonged crisis when governments stop seeing infrastructure as a public utility and start seeing it as a controllable privilege. In Iran, the internet increasingly feels trapped in that transition. What was once discussed as “temporary disruption,” “technical instability,” or “security management” has gradually evolved into something much larger: […]
Under Siege and Online: Iran’s Digital Businesses After the 12-Day War
After weeks of silence, Iran Startup Pulse returns—not with a whisper, but with a report from the frontline of Iran’s embattled digital economy. The 12-day war may be over, but its aftershocks still echo through Tehran’s server rooms, digital ad dashboards, and the halls of the Ministry of ICT. The nation’s tech sector, once touted […]
Plans for 2026?

As the year comes to an end, everyone asks about plans. But maybe the real question isn’t what we want to build — it’s how we want to live. These are my answers to one simple question. Each one a fragment of a life in progress. Plans for 2026? Do crazy things. Many crazy things. […]