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London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

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Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#41

If you're poor, you're an immigrant. If you're rich, you're an expat.

There have been dozens of articles written about rich "immigrant founders" the past few weeks.

https://thenextweb.com/insider/2017/02/01/study-immigrant-st...

http://fortune.com/2017/01/30/tech-immigrant-founders/

https://hardavenue.com/immigrant-founders-trump-muslim-ban/

etc

Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#42
post #14

Earlier quoted context omitted.

If there was only a news aggregation site based upon the startup culture where these sorts of things can be promoted.

You mean like some sort of place where you could hunt new products?

I don't think product hunt solved this.

I'm not really that impressed with their results. It's more like popularity based marketing channel(what's with all those videos ? ), because of the lack of good search and deep metadata. Heck many products don't even have a rich, textual description. It's almost like aggregating product reviews from relatively unbiased sources(unlike the cesspool that Amazon has become), and filtering by depth and building a decent search around them and a good community would work better. Than after all this, a video would be very useful.

Ah, and one more thing - try to filter out the bullshit apps, the ones without much value on product hunt. "A dating app where you can only date 1 guy"? and other stuff like that. Sorry but i have much better ways of wasting time.

But let's think about an ideal service. Such a service would have 2 forms:

1. It gathers in some form, all the "jobs" i need to do, and how well they are done today, and how much i pay for them - and than from time to time offers me concrete recommendations how to improve my life: "you could save $X each month , if you'll use this new money transfer startup". Or "you could use this recipe book, to save a lot of time and get similar level of food you're making now". etc.

Amazon does that to some extent, but it has still has some ways to go.

2. Another successful mechanism is create a RICH and DEEP tagging system for each product and search/browse through those tags - jinni.com once did it for movies - and it was a phenomenal movie discovery tool. Far better than anything we have today.

Of course, ideally such tool should also include a price comparison mechanism, and maybe "performance levels" per each relevant performance dimension, kinda like the one you get in digikey, the electronic component store, where you can select chips by speed, power,etc.

The question is, how to get there, and how close it's possible to get?

Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#43
post #34

If you're poor, you're an immigrant. If you're rich, you're an expat.

If you're rich and old you're an émigré.

They are an émigré from their country of birth or an immigrant into their new country.

Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#44

If you're poor, you're an immigrant. If you're rich, you're an expat.

While this sounds true and everyone likes to harp on it, there's another consideration. An immigrant is somebody who intends to stay forever, an expat is someone who plans to go back home eventually.

There are also legal considerations. My US visa for example specifically says it's a non-immigrant visitor's work visa. Legally speaking, I'm an expat.

Culturally ... I like to call myself a dirty immigrant. Riles people up a bit :P

edit for background: I come from the border between Central and Eastern Europe. Some say Slovenia is one, some say another. In the UK I would most definitely be an evil evil immigrant. In the US nobody really cares as long as I'm not brown.

Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#46

If you're poor, you're an immigrant. If you're rich, you're an expat.

Reminds me of the recent The Grand Tour episode, when they mention how if you're famous for something positive you're called British, otherwise you're Scottish/Welsh.

Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#47
post #44

If you're poor, you're an immigrant. If you're rich, you're an expat.

While this sounds true and everyone likes to harp on it, there's another consideration. An immigrant is somebody who intends to stay forever, an expat is someone who plans to go back home eventually. There are also legal considerations. My US visa for example specifically says it's a non-immigrant visitor's work visa. Legally speaking, I'm an expat. Culturally ... I like to call myself a dirty immigrant. Riles people…

Same here, technically I'd be an expat in the country I currently live and work. But technically, an "illegal immigrant" from Mexico in the US is also an expat.

So I'm an immigrant, and my grandparents were immigrants and refugees.

Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#48
post #44

If you're poor, you're an immigrant. If you're rich, you're an expat.

While this sounds true and everyone likes to harp on it, there's another consideration. An immigrant is somebody who intends to stay forever, an expat is someone who plans to go back home eventually. There are also legal considerations. My US visa for example specifically says it's a non-immigrant visitor's work visa. Legally speaking, I'm an expat. Culturally ... I like to call myself a dirty immigrant. Riles people…

I've seen an awful lot of references to Eastern Europeans in short to medium-term stints in the UK as "migrant workers" and nearly as many characterisations of British retirees buying property in Spain as "expats"...

Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#49

I've been using this for the past 6 months. It works really nicely and removes a lot of friction - it's just like sending money to another local account. I've paid people in Netherlands, Australia, Germany and they recently started allowing US$ paid to Ukraine, so I've been able to pay software developers there.

Forgive my off-topicness - do you have any advice on sourcing developers in the Ukraine specifically?

Re: London’s Lonely Unicorn: Two Frugal Expats and Their Billion-Dollar Startup

#50

This is great, as someone who frequently transfers money from the US to Canada I wish I had known about this sooner. Hopefully they can actually make some money.

If you have a need to transfer large amounts of USD-to-CAD or vice versa, have a look into Norbert's Gambit. It'll effectively let you perform the transfer for 0.2%. Probably not worthwhile for small amounts, but if you're converting ~$10k, might be worth the effort.

This site seems to break it down: https://norbertsgambit.com/

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