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Exchange Rate and Silicon Valley
- imsteve 19y ago> Scenario 1: an influx of foreign capital. Greatly limited by the "10 mile rule". > Scenario 2: US startups seek VCs in booming markets overseas. Certainly doesn't seem that this can happen overnight. Can't say much about #3. These are my guesses.
- maurycy 19y agoDeclining USDX and booming emerging markets are drastically limiting pool of cheap workforce, especially Indian, Russian and Eastern Europe developers.