Earlier quoted context omitted.
$2 million is an astounding amount of money in China. You can get engineers for $10-15K a year, and designers, sales, and marketing people for a lot less. Equipment can be a little more expensive than the U.S., but office space is dramatically cheaper, as is virtually everything else. I imagine that the high level of funding is to impress the hell out of potential partners and new recruits. For a variety of reasons,…
The problem is that from my experience trying to hire here, it's extremely difficult to find good engineers.... Cheap engineers are dime a dozen, but quite a few I've interviewed can't even do the fizzbuzz test. And of those that could most were needed a lot of hand holding to do any basic tasks (and some of those were people with 3 years experience, I can't imagine how they could have provided any value to the compa…
Re: Chinese Startups: How they differ from US
#11[deleted]