Finally, COVID is “over” in Shanghai. Now that the CCP declares its victory, the US will likely become more comfortable, temporarily.
America certainly needs that relief.
We already see that reflected in container prices. At this point in the cycle, anything helps.
I used to believe China had already won against the US until they decided to crush founders with oppression (Didi, Alibaba, PinDuoDuo -- and hundreds of others).
There is still hope for freedom; once they meddle with self-made tech billionaires, they start to lose since there is no point in building wealth if you don’t have ultimate lasting freedom.
Founders and investors must understand that the vast minority of companies are supposed to be venture-backed, not the opposite.
As I am back in SF, I have been looking to catch up with friends over dinner. I can’t imagine how painful it must be to own a boutique hotel or a restaurant.
Paulo is the CEO and Co-founder of Grupo Alura, the largest technology education platform in Brazil. Grupo Alura had over 500.000 students since its foundation.
