@DoveyWan Respectfully, status games themselves were never the point. The hierarchy of majors at CMU was a farcical notion that took me years to fully unlearn. Live your life. Study whatever you want. You could study art and end up building the next massive YouTube channel.
@mr_deepvalue Can never harvest the value though. Need some catalyst or activist investor. Or gotta make a tender offer ourselves for the entire company.
@levikov@pareshmukh 2) i think it's because most people doing well in content are young/gen z so want to sell "cool" products, and they don't think about the money in traditional businesses. It's just different worlds. Huge oppty though.
@levikov@pareshmukh The intersection between content and professional services is so obvious, yet it's uncompleted untapped. A content funnel for a DTC product may yield you few hundred dollars for a high AOV ecom brand, but it can yield thousands in recurring revenue for white collar services.
@levelsio They automatically deduct 100 rmb from your deposit if you don't return it. If you use Alicredit to not deposit, it dings your credit score if you don't return it.
@levelsio There was also great exodus of expats after the lockdown in 2022. China hasn't felt the same ever since. Tons of expats I know who lived there for over 10+ years upped and left to SG, Dubai, or back home. A lot more ppl from "emerging" countries (India,Brazil, eastern eu) coming.
@levelsio AstrillVPN works best. Especially if you use VIP. But imo if you're only there for a bit, best to just get data roaming. That way you don't have to do anything and everything just works. Only downside is if you don't use Chinese number it's hard to use meituan, didi, eleme, etc
@TheDealMakerGuy Germany has the same problem too. Also with other emerging markets (India, etc). I think most startups from those countries solve this by having the holdco incorporated in one of those jurisdiction friendly countries (US/Singapore/etc), and then the operating entity underneath