As an immigrant engineer I feel this is actually good because it shows that the market in the US is bullish on new technologies. I believe this is what has led to most of the major inventions in the past 100 years to come from the US.
In my home country (India) it’d be impossible for a company to reach such valuations based only on research and prototypes, which in turn leads to low salaries for STEM people, culminating in brain drain.
In my home country (India) it’d be impossible for a company to reach such valuations based only on research and prototypes, which in turn leads to low salaries for STEM people, culminating in brain drain.