I think the other commenter is probably closer to accuracy. Here in NYC, offshoring to Chile/DR and other countries in the same timezone is surprisingly popular

I think the other commenter is probably closer to accuracy. Here in NYC, offshoring to Chile/DR and other countries in the same timezone is surprisingly popular, even for early stage startups. The idea that people will just immigrate is a bit of a stretch. Coming from an immigrant family I will tell you that some of the most talented people stayed behind while others got lucky. My $0.02, just like anyone else's, and I know people currently in India launching really great code schools, but the talent argument never held in my mind.