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Great write up! “Chinese biotechs scale better with labor costs; the way to compete against teams that are 75% cheaper is to make each of your employees at lea
by bix6 1y ago
Great write up!
“Chinese biotechs scale better with labor costs; the way to compete against teams that are 75% cheaper is to make each of your employees at least 4x as effective.”
What are the realistic options here? It’s hard to imagine US biotech employees becoming 4x as effective.