The Inquisitr: Now is the time to start panicking: Sequoia
motochan
· 1 year ago
I know of non-dilutive grants from the government supporting engineering headcount to encourage startups to establish engineering centers in Singapore. Does this sound interesting in such times?
You basically plonk a team in Singapore, pay their payroll out of Singapore, and every 3 or 6 months, get reimbursed up to 50% of their base salary. This might be a good way to stretch startups’ existing venture-backed dollars in such tough times.
Does it makes sense? Thoughts guys?
Mat Packer
· 1 year ago
Certainly some scary times ahead for a lot of people I dare say.
Wogan
· 1 year ago
Was that seriously the cover of the Economist? Lol...
Just checked out the other, later, IT'S OVER! post. I suppose all good things really do come to an end.
Jennifer Barthe
· 1 year ago
I think you just summed it all up.
Raza
· 1 year ago
is off-shoring going to be silver bullet for this problem ? It might not be, but it will definitely help reduce operational costs for these startups.
All Comments
You basically plonk a team in Singapore, pay their payroll out of Singapore, and every 3 or 6 months, get reimbursed up to 50% of their base salary. This might be a good way to stretch startups’ existing venture-backed dollars in such tough times.
Does it makes sense? Thoughts guys?
Just checked out the other, later, IT'S OVER! post. I suppose all good things really do come to an end.
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