> Cool story
I am not going to link you benchmarks or revenue numbers. You can find those yourself, if you actually care about being right.
> It's funny that you don't see the contradiction. For the record, US manufacturing as a share of global manufacturing has significantly declined over the years. [0][1]
Yes, because China is _cheap_ and _dense_ and has a billion newly-minted middle-class members. Do you expect them to import everything from the US and just ignore the vast labor pool within a few metro stops of any given factory?
> to support a point about how China (Shenzhen) is apparently an unreplicable manufacturing hub due to 'cluster effect'?
The Pearl River Delta, which Shenzen is part of, has almost 90 million people and a world-class transit system. It's across the water from Hong Kong, a global financial center, and is bordered by factory-filled cities on the other side.
Yes, that makes it nearly impossible for other places to become Shenzen. Even within China it's special.
> If you need to be physically present for a meeting, you make a trip. There is absolutely zero benefit to living in close proximity to investors the rest of the time.
Right, because if you're doing business you can get by with a single investor meeting a year, right? There's no downside in time lost, money spent, ease of access, etc.? You think there's no benefit to, say, playing tennis on weekends with your buddy from college who now works at a VC?
> You're seriously going to try to argue how US manufacturing (which was the greatest share of global manufacturing by far) didn't decline
Why the hell does it matter what percentage of global manufacturing is done in the US? You cannot ask the average American (one of the wealthiest people in the world) to work in a sweatshop making T-shirts. You cannot ask the average American to work for minimum wage tightening screws in iPhones.
You can, as it turns out, ask them to work a robotic assembly line to build a car or weld on a jetliner - because you can pay them much more, and because there are enough of them in an area to run a factory. Aggregation benefits are even more important for manufacturing than they are for software.
> Yes, that makes it nearly impossible for other places to become Shenzen. Even within China it's special.
You're skipping n = 1 and jumping straight to k. How did modern Shenzen become what it is? Through specific reasons like infrastructure investment, or because it was always a 'manufacturing cluster'? By your logic Shenzen must have been the manufacturing hub of the world since before the dawn of time... since it's 'impossible for any place to become Shenzen'.
> Right, because if you're doing business you can get by with a single investor meeting a year, right?
Because the only way to meet and communicate in 2025 is in person?
> There's no downside in time lost, money spent, ease of access, etc.?
All of these are better remote/digitally in most cases.
> You're skipping n = 1 and jumping straight to k. How did modern Shenzen become what it is? Through specific reasons like infrastructure investment, or because it was always a 'manufacturing cluster'? By your logic Shenzen must have been the manufacturing hub of the world since before the dawn of time... since it's 'impossible for any place to become Shenzen'.
Sure, any region in a rapidly developing and very dense country, with a large preexisting financial hub nearby, 50 years ago, could have become Shenzen. There was only one of those, and consequently there is only one Shenzen. How far back do you want me to go? Should I discuss the agglomeration effects enjoyed by the Han Dynasty?
> Because the only way to meet and communicate in 2025 is in person?
Why don't you try using that logic on someone you're convincing to give you a large sum of money and report back? The real world does not work this way, and that is why there is still only one Silicon Valley. I've made this point several times now and can point to the status quo to back it up.
> All of these are better remote/digitally in most cases.
I work partially remote. I intentionally schedule my meetings in person because I find that to be significantly better than a video call. I am definitely not alone, and for startups it is even more advantageous to physically be in the same room as the entire rest of the company.
> There was only one of those, and consequently there is only one Shenzen.
Really? There was only one rapidly developing, densely populated region with a financial hub nearby (why does the proximity of finance even matter?), in the entire world in the last 50 years (why 50 years)? Are you sure about that? (you are 100% wrong)
> I intentionally schedule my meetings in person because I find that to be significantly better than a video call.
Sounds like a you problem. Also the fact that you are 'partially remote' and you still schedule your meetings to be in person tells me: a) you do not have very many meetings b) you work with a fairly narrow scope of people who you can physically get into the same room on a regular basis.
I meet with founders, investors, tech leaders, and many various stakeholders on a regular basis. It would be absolutely IMPOSSIBLE to have these meetings in person.
> for startups it is even more advantageous to physically be in the same room as the entire rest of the company.
If you say so, but the record number of fully remote startups that keep popping up at ever increasing rates says the opposite.
> Why don't you try using that logic on someone you're convincing to give you a large sum of money and report back?
Been there done that. If you need to meet in person to make final agreements/sign you can travel. Vast majority of communications/negotiations around fundraising and related happens digitally today.
> There was only one rapidly developing, densely populated region with a financial hub nearby (why does the proximity of finance even matter?
Because if you want to build factories you need capital. This is not rocket science. Much easier to get a loan when there are a billion bankers across the bridge.
Yes, there was only one place with all the ingredients to become Shenzen. Believe it or not, global financial centers are not commonly found in developing countries. Why don't you propose some alternatives, I'll wait.
> Sounds like a you problem. Also the fact that you are 'partially remote' and you still schedule your meetings to be in person tells me: a) you do not have very many meetings b) you work with a fairly narrow scope of people who you can physically get into the same room on a regular basis.
I have plenty of meetings, and I don't know what you're smoking if you think that more than a large conference room's worth of people could all participate in a meeting. Neither of these disqualifies what I'm saying.
> If you say so, but the record number of fully remote startups that keep popping up at ever increasing rates says the opposite.
And how many of these are becoming wildly successful, compared to in-person companies located in desirable cities?
> Vast majority of communications/negotiations around fundraising and related happens digitally today.
[citation needed]
Also it doesn't count if the numbers get worked out over email but the handshake was in person.