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Comment by alephnerd

20 days ago

> Is the investment world also expanding to India

To a certain extent. For years now most founders in Cybersecurity, Enterprise SaaS, and DefenseTech in the US either have familial ties or immigrated from India, Israel, or CEE. Additionally, all the major VC funds have had India dedicated or Indian diaspora dedicated funds for almost 3 decades now.

Additonally, it's much easier to publicly list in India now that the IPO market is fixed, so we can move startups that aren't going to perform in the US to India where US$50M-$100M in revenue can justify an exit that is better than a PE buyout.

> Seems like the Bay Area still has the strongest network effects, even if it doesn’t make sense.

Absolutely. Hell, I live here too and it cannot be beat.

But founders and operators are largely either immigrants or the children of immigrants. Half of Bangalore and Tel Aviv is here right now raising capital, but all the core strategic roles (Product, Engineering) are increasingly only located in India, Israel, and CEE.

> is this offshoring really a threat to America

To America, no.

To Americans not working in a Tier 1 hub and aren't upskilling (ie. most losers on HN) absolutely.

Why pay $160K for Joe in Cary who's a bootcamp grad when I can hire Jamila who has an MSCS from UIUC and worked at Google MTV on an H1B and is now returning to Koramangla in order to work as a staff engineer for $90K?

That said, for American politicans services offshoring does not matter. It's a mostly blue voting industry with a vocal red minority largely living in a blue states or blue bubbles in red states. IC SWEs are not a vote bank for the GOP nor the DNC.