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China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

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Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#61
post #4

Adjusted for purchasing power it probably looks even worse for Silicon Valley. How much is an office and a good developer in a big city in China?

"How much is an office and a good developer in a big city in China?"

I have worked with good crews in China before. You are looking at 8k USD per month for a solid chinese team member. Anything less than that - you will get into language issues, skill breakdowns or copyright theft. You need to factor in extra project management costs (it is more complex than managing a us based project) and time loss due to timezone delays. Ironically, if you add in the location factors good chinese crews cost about the same as a US based worker.

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#62
post #3

Earlier quoted context omitted.

Why would population be the correct normalizer? Would we expect Nigeria to have 57% of the startup funding that the US does?

Nigerian immigrants to the US seem to do even better than Asians!

Not surprised. Scamming is HUGE business.

By the way, we are looking for a money receiver. Please inquire!

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#63
post #4

Adjusted for purchasing power it probably looks even worse for Silicon Valley. How much is an office and a good developer in a big city in China?

"How much is an office and a good developer in a big city in China?" I have worked with good crews in China before. You are looking at 8k USD per month for a solid chinese team member. Anything less than that - you will get into language issues, skill breakdowns or copyright theft. You need to factor in extra project management costs (it is more complex than managing a us based project) and time loss due to timezone…

[deleted]

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#64

Earlier quoted context omitted.

This is wrong and condescending.

Is it? Why? I grew up in Akron, the former Rubber Capital of the World. There is literally nothing in Northeast Ohio but cornfields, soybeans, brutal winters, and rusting artifacts of the 20th century economy. Columbus could be a good choice for growing tech firms to add a second HQ due to OSU being a pretty decent school, but Cleveland really has nothing going for it. The geographical advantages that led to it's exi…

As pointed out in other comments, there are multiple large cities within a 300 mile radius. Even if there weren't, saying there is "nothing" there dismisses the real lives and businesses that are there.

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#65

Earlier quoted context omitted.

>Suburban Ohio is literally an order of magnitude cheaper than say San Francisco and Cleveland isn't that much more expensive or for that matter unstable. Do you know what else is within 300 miles of Cleveland Ohio? Absolutely nothing.

Clean air?

https://blog.epa.gov/blog/wp-content/uploads/science/2014/04...

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#66

Earlier quoted context omitted.

Clean air?

https://blog.epa.gov/blog/wp-content/uploads/science/2014/04...

Hint: America red is not the same as Chinese red. See:

http://aqicn.org/map/northamerica/

And compare to:

http://aqicn.org/map/china/

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#67

Earlier quoted context omitted.

This is wrong and condescending.

Is it? Why? I grew up in Akron, the former Rubber Capital of the World. There is literally nothing in Northeast Ohio but cornfields, soybeans, brutal winters, and rusting artifacts of the 20th century economy. Columbus could be a good choice for growing tech firms to add a second HQ due to OSU being a pretty decent school, but Cleveland really has nothing going for it. The geographical advantages that led to it's exi…

When did you move? I'm not going to argue that NE Ohio is the best place to live in the country or something, I was speaking very particularly about the region I was familiar with because it sounded like there were very broad statement being made.

You are still speaking a bit too strongly though. There is plenty of things in NEO. For starts world class museums and cultural institutions (having been rich in the past helps).I'm living in San Francisco right now, but I could definitely see myself going back someday

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#68

Earlier quoted context omitted.

Nigerian immigrants to the US seem to do even better than Asians!

Not surprised. Scamming is HUGE business. By the way, we are looking for a money receiver. Please inquire!

Bloomberg article that references how Nigerians are kicking ass in income and education:

https://www.bloomberg.com/view/articles/2015-10-13/it-isn-t-...

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#69
post #4

Adjusted for purchasing power it probably looks even worse for Silicon Valley. How much is an office and a good developer in a big city in China?

"How much is an office and a good developer in a big city in China?" I have worked with good crews in China before. You are looking at 8k USD per month for a solid chinese team member. Anything less than that - you will get into language issues, skill breakdowns or copyright theft. You need to factor in extra project management costs (it is more complex than managing a us based project) and time loss due to timezone…

So if you're a Chinese entrepreneur who speaks the language and lives in the same city you get a good team cheaper than in the US?

Re: China VC has overtaken Silicon Valley, but do aggregates tell the whole story?

#70

Earlier quoted context omitted.

Not surprised. Scamming is HUGE business. By the way, we are looking for a money receiver. Please inquire!

Bloomberg article that references how Nigerians are kicking ass in income and education: https://www.bloomberg.com/view/articles/2015-10-13/it-isn-t-...

I once had a business partner from Nigeria and somehow I have a feeling where the money is coming from.

Lesson learned: Sometimes a little bit Racism is healthy. No kidding!

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