What you say about "a plumbing firm with 30% gross margins at the same scale can trivially hire them." But most software businesses do NOT want to be a plumbing business. Given a choice between renting a shabby office downtown that is an hour commute, or investing in a thousand dollars of services and equipment to make a distributed team a reality, which one would you have more confidence in having a big vision? Exactly.
What you say about "a plumbing firm with 30% gross margins at the same scale can trivially hire them." But most software businesses do NOT want to be a plumbing business. Given a choice between renting a shabby office downtown that is an hour commute, or investing in a thousand dollars of services and equipment to make a distributed team a reality, which one would you have more confidence in having a big vision? Exactly.
This has been a bad logic post, thank you.