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Comment on How China’s Low Cost Of Operations Draws In Entrepreneurs by Rui Rong
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Comments for TechNode
“It would have been close to impossible for us to build Traintracks in Silicon Valley,” says Nils Pihl, CEO of analytics tool Traintracks.
“That would have cost us millions of dollars in Silicon Valley, no Silicon Valley investor, when it really comes down to it, is ready and willing to commit that kind of capital and not see any kind of progress for two years,” he says.
On The Squirrelz website, designers can sell their products, get raw materials, and find inspiration for up-cycled designs.
This model allows designers to order the materials on the The Squirrelz website, without having to look for them on street.
“Factories will sell those materials at a very low price or just give it us for free,” Ms. Yan says.
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