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> One key driver of profitability is labor-market arbitrage. Nearly one third of Zoom’s team, and the majority of its engineering team is based in China. The re
by xenonite 7y ago
> One key driver of profitability is labor-market arbitrage. Nearly one third of Zoom’s team, and the majority of its engineering team is based in China. The result is the company spends less than 10% of its revenue on R&D, which is less than half the median of the peer set.