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Facebook is also aggressively expanding in expensive markets like NYC. So it looks like they aren't all-in on arbitrage.

Google too: they just bought a large new building in NYC, yet they're also growing a lot in markets where they pay much less (e.g. India).

Very curious how this will play out over time.



They definitely ARE all-in on arbitrage. The FAANG megacorps are all pulling in upwards of $2M in revenue per year per coder on average. So what if some of them cost $600k/year?




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