This is a very important point, let me expand a bit. If your business/product requires a supply of sub-market waged talent, then you have not found true product-market fit or your product just does not provide sufficient value to sustain a real business (real meaning one that can operate on market wages.)
Why do you say sub-market? When Disney or any other huge corporation outsources their IT dept to India / China, that's the MARKET. Good Luck putting an import tax on virtual goods / services.
That's a bad inference to make. It certainly doesn't mean that. It's the rule, not the exception for new tech companies to experience a flat line or no growth period. The onus is on management to get out of that death spiral as quickly as possible.
TuringNYC|9 years ago
grizzles|9 years ago
grizzles|9 years ago