India Calling: The "brain drain" becomes "brain circulation."
nytimes.com
nytimes.com
I moved to the Philippines from Silicon Valley in 2003 (during dotcom bust) to check out high-tech scene back in my homeland.
Was supposed to stay only for a couple of years but turns out there are more than a few dreamy-eyed hackers (which I hooked up with) turning their backs on Microsoft, HP and the BPO industry. The bureaucracy is numbing and the corruption sucks but generally happens to businesses that don't want to pay taxes (personal, corp, custom, etc.).
I have since setup operations for Friendster and am working on my startup.
The PH gov has setup a special economic zone (5 year corp tax holiday) if your product serves a mostly (50%+) foreign customer (great for startups).
With so much local talent, a modified YC model would contribute greatly to innovation and more startups. If you're interested, ping me.
Not sure if it will be successful or not but I can't say I mind, as I'm employed precisely because the company sees the rest of the world as being full of opportunities.
On a tangentially related note, my previous job (also in central Japan) involved working with another Indian. At the time we were both translators. After leaving that job he took a job at the rubber company. After two years of training they sent him back to India to be the assistant to the Japanese head of their Indian factory -- I think his actual title is VP, but his real job is right-hand-man. The company pays him every single yen of a Japanese manager's salary (except in rupees), and my friend, quote, lives like a king such as one does not hear about except in fairy tale books.
So yeah, there is something to be said for brain circulation. Which makes me wonder -- when I go back to America, do I count?
So it isn't really a brain circulation as much as one individual's canny career movie for someone whose profession is writing. And it did work, he got published in the NY Times!
If I were more uncharitable, I'd call this "artistic slumming" for a new experience fix.
Again I wanted to see something like info on more favorable climate for entrepreneurs (which, is getting better).