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I work on projects that would get 8-9 figure investments if we were doing this in APEC Are the apac equivalents of those projects generating returns commensura
by version_five 3y ago
I work on projects that would get 8-9 figure investments if we were doing this in APEC
Are the apac equivalents of those projects generating returns commensurate with the extra investment? Or is it a strategic choice that they typically focus more on advanced manufacturing while the US focuses more on software? I'm just wondering what the right way to think about this is.
- flybrand 3y agoBoth. They get high returns and there is high social benefit. Because the US thinks of industry as ‘dirty’ we’ve lost touch with how valuable these jobs can be. In the US the returns would have longer duration and would not be viewed as ‘important’ bc the business isn’t suitable for a FANG exit.