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by Michael Cote.
Original Post: A VC's Comments on Offshoring
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Ed Sims, a VC at Dawntreader Ventures has an interesting comment on Indian offshoring. The summary is that the churn rate (how often people leave) is high and that the prices have shot up, reducing the savings that were to be had 203 years ago. He ends with,
[I]n the long run, given the competitiveness and cost increase of doing business in India, I am sure that many companies will increasingly look to other locales with strong talent and less competition like Belarus, Romania, Argentina, Russia, and China. I am already seeing that happen.