“I think one of one of such examples, it's a company called Shopee. So Shopee is a company, you know, that focused, you know, quite a bit in their local market first before expanding to kind of more widely in Southeast Asia. And I think we'll, we'll start to see more of those companies.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Toby Zhang
Opinion
Zhang: Many Bay Area software engineers are 'very spoiled'
“And quite frankly speaking, a lot of engineers in the Bay Area are very, in my opinion, spoiled.”
Toby ZhangDec 20, 2020▶ 13:47The Hidden Cost of 9-9-6: Why Bay Area Engineers Are Spoiled
AssertionSupported
Zhang: Bay Area engineers cost 4 to 5 times more than Shanghai peers
“So an average engineer here in the Bay Area cost about four to five times the salary of one of equal caliber in Shanghai.”
Toby ZhangDec 20, 2020▶ 3:43The Hidden Cost of 9-9-6: Why Bay Area Engineers Are Spoiled
AssertionNot checkable as stated
Zhang: 9-9-6 work schedule is commonplace rather than rare in China
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Toby ZhangDec 20, 2020▶ 13:15The Hidden Cost of 9-9-6: Why Bay Area Engineers Are Spoiled
Insight
Zhang: Real wealth comes from equity ownership, not a salary
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Toby ZhangDec 20, 2020▶ 16:43The Hidden Cost of 9-9-6: Why Bay Area Engineers Are Spoiled
“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…”
Toby ZhangDec 20, 2020▶ 12:43The Hidden Cost of 9-9-6: Why Bay Area Engineers Are Spoiled
AssertionSupported
Zhang: Eight-year Bay Area mobile developers make $200K-$250K all-in
“And then if we look at a similar engineer who has, you know, probably eight years of experience, mobile app developer in the Bay area either work for big company or early stage startups, you know, their starting salary is Somewhere like, 200 K, 250 K all in. S…”
Toby ZhangDec 20, 2020▶ 13:28The Hidden Cost of 9-9-6: Why Bay Area Engineers Are Spoiled
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