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> Being able to say "let's open a branch in Singapore and see how it goes for 6 months" with a few clicks is quite awesome. I'd have thought that for most busi
by semi-extrinsic 7y ago
> Being able to say "let's open a branch in Singapore and see how it goes for 6 months" with a few clicks is quite awesome.
I'd have thought that for most businesses, the two big obstacles for doing this are a) getting skilled people to suddenly move to Singapore at your will, and b) getting the Singapore office well integrated with the rest of the company.
Compared to those two, setting up an office lease is about as hard as tying your shoelaces.
- JumpCrisscross 7y ago> Compared to those two, setting up an office lease is about as hard as tying your shoelaces This has not been my experience. Given how localized real estate markets are, they haven't been subjected to efficiency-driving global competition. The result is every market has hidden oddities. Little details that are a nuisance if you know about them but a disaster if you bumble through the process. For long-term commitments to a market, sure, it makes sense to own your plot. But for short-term assignments? Toes in the water? Being able to spin up an office with flown-in staff committed to for the short-term, to develop leads and/or find those skilled locals to hire, is a tactical advantage which doesn't presently exist.