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They won't because they don't have anywhere near the same access to capital. There is no country even close to the US in this regard, and US salaries in softwar
by isbvhodnvemrwvn 4y ago
They won't because they don't have anywhere near the same access to capital. There is no country even close to the US in this regard, and US salaries in software engineering are the exception, not the norm.
- thisarticle 4y agoHow much capital does someone need if wages are low and you’re building an auto-scale enabled SaaS business without an office?
- joyfylbanana 4y agoI think the macroeconomic trend is that the work is moving slowly to poorer countries. Makes perfect sense, as in US there is a lot of money, it should mean less desire to work and more to enjoy life, meanwhile in poorer countries people have high appetite for money/work. For example in India it used to be only outsourcing, but now they are launching their own startups as well, some quite succesful. Slowly the capital will start accumulating there as well. And that is a good thing, for global inequality.