Shanghai

“We should have picked Hong Kong. Hong Kong had a lot more happening since then.”

“I sold the apartment, and for roughly 900,000 dollars, like just under a million bucks and then started buying, and I got paid in trenches, because, you know, you get a first down payment, you gotta go paid in trenches, and every trench I get, I just buy. Well…”

“So I sold a surfboard, I sold a moped, and I took off to Shanghai in May of 2007”

“There is no reason why, again, Shanghai can have an NYU campus and we can't seem to get foreign education into India. We completely, we constantly complain about the fact that India suffers from brain drain. You know, the best and the brightest tend to go out.…”

“One of the things you notice when you go to, you know, Beijing or Shanghai these days is that it's a lot less polluted and a lot quieter than it was 10 years ago if you went there. And part of the reason is because you see so many EVs, electric buses, and Ther…”

“Shanghai, we're running at 75%. Mumbai, 64% average occupancy. Here in London, 52%. Milan, 45. And New York, 24. And in the US, I'd say we vary between 15 to 25% occupancy.”

“Famously, when his California factory was locked down, he called the officials who imposed that fascists and really publicly bristled against it. But there's been a similar lockdown going on in Shanghai at his factory, and he hasn't Pushed back against it at a…”

“So an average engineer here in the Bay Area cost about four to five times the salary of one of equal caliber in Shanghai.”

“So if we take a look at salary levels for engineer in Shanghai, say someone with maybe seven to eight years of experience, let's just take the example of an iOS developer. Typical salary range for this person, assuming, you know, if he comes from a You know, t…”

“So in practical terms, if you're sitting in Beijing or Shanghai right now, you're not able to get on a half a dozen information sources, news sources, data sources that you could have three years ago.”

“So Shanghai has moved to largely electric scooters in part by simply raising licensing costs. To the point where a market for electric scooters and charging stations emerged as a result to the market signals.”

“Shanghai, what I see in Shanghai is just an alternate way to be a fully industrialized society.”

“I think a person in Shanghai feels a lot closer to the person culturally, kind of what their day-to-day needs are to a person in New York or San Francisco or London or Berlin versus kind of maybe even the rest of China or rest of India or so forth.”

“You start working there and 40% growth rates feel like sandbagging. And if you can imagine something like that, and we're coming from the U S where one to two percent is like, cool, we're growing. 40% is sandbagging.”