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You see this a lot in VC-land too. I've lost count of the number of Twitter threads from VC "thinkfluencers" bemoaning how much more exciting the startup scene
by Analemma_ 6y ago
You see this a lot in VC-land too. I've lost count of the number of Twitter threads from VC "thinkfluencers" bemoaning how much more exciting the startup scene is in China, and usually when you dig into those threads you realize what they really mean is that labor in China is so cheap that it's a lot easier to start some useless delivery business with a fancy app.
Duh, of course you can do more with human labor when human labor is cheaper, but that isn't something to strive for.