One aspect that seems to be missing is the abuse of the free credits provided for new companies by AWS, Azure, and other providers.
I know of a friend's company in India who purchased inference, at 4% of the actual price and states that it gave him an unbeatable competitive edge in their large running video influence pipelines. Any new competitors could not offer their pricing at all.
Primarily that operated because registering a new company getting free AWS credits was a very tiny cost
I was going to cover this in a follow-up article, but yeah, there are network of token brokers who buy unused credits from startups and then resell them.
I should have added that I ran my first startup in India for 8 years before moving to the states, that's why I have an insider view.
A bit like setting up a supermarket that just sells another competing supermarket's "free fruit for kids" fruit.
Video influence pipelines from India huh?
No wonder social media is so shit nowadays. All that brainwashing and propaganda from third world countries, now at 4% the price!
the in India wasnt even needed no worries
Some countries have more complexity to registering a new company than others, and perhaps it’s the establishment of a new legal entity that is an unlocker to the free credits.
I don’t know if that’s true of India or not, but I like to give comment authors the benefit of the doubt that being specific about the geography was helpful context here
India is very bureaucratic and slow for starting a new business new entity. It ranked 63rd on the most recent world bank survey of 2020[1], and it is even more painful to close one.
[1 ]https://openknowledge.worldbank.org/entities/publication/130...
So that report was discontinued after relatively proven statistical gaming and interference by several countries, doesn’t exist post 2020. Post 2020 SPICE+ launched making registration trivially fast. However really the trick isn’t creating and closing companies, it’s that the fact majority of reporting that would catch scam companies like these just get ignored and gather small civil penalties payable years later or not at all, while keeping up with major reporting that might close their bank accounts… it’s a very disorganised system that facilitates a lot of unpleasant activity.
What's the scam? Generally a country's governance system wouldn't get involved in a dispute this trivial between a foreign company and an individual.
The world bank is best quality source I could find, if you know a better source or any fact contradicting the claim India is high friction for general ease of business, that would be welcome.
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