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Applications Open for Winter 2008 YC Funding

ycombinator.com

31–40 of 107 posts

Re: Applications Open for Winter 2008 YC Funding

#31
post #30
post #29

What about co-founders who are H1B's and would face legal consequences for quiting their company?

An H1-B doesn't prevent you from switching jobs, no?

it does for my potential co-founder. He's been working here for over 6 years with no GC. apparently you can't renew your H1B after X years, only stay with the same company.

Re: Applications Open for Winter 2008 YC Funding

#32
post #31
post #30

Earlier quoted context omitted.

An H1-B doesn't prevent you from switching jobs, no?

it does for my potential co-founder. He's been working here for over 6 years with no GC. apparently you can't renew your H1B after X years, only stay with the same company.

that is correct

Re: Applications Open for Winter 2008 YC Funding

#33
post #31
post #30

Earlier quoted context omitted.

An H1-B doesn't prevent you from switching jobs, no?

it does for my potential co-founder. He's been working here for over 6 years with no GC. apparently you can't renew your H1B after X years, only stay with the same company.

Yikes.

Re: Applications Open for Winter 2008 YC Funding

#34
post #27

Earlier quoted context omitted.

They're made to look bad by how easy it is to apply. If you make a website offering people money if they fill out a form, a lot of people will fill it out. But the odds for a good team are not as bad as they might seem. At least a third of the applications are egregiously broken: 13 year old founders, people who want to "telecommute" from India, people who want us to fund their plumbing supply store, etc...

Thanks for that clarification - the odds are getting a bit better :) . I'm curious: how many teams were interviewed in person to arrive at the final 20?

45-50

Re: Applications Open for Winter 2008 YC Funding

#35
post #29

What about co-founders who are H1B's and would face legal consequences for quiting their company?

I honestly don't know. We wouldn't want to do anything that would get someone kicked out of the country. I know some visa problems can be fixed with varying amounts of hassle and money, whereas others are truly hard, and I don't know which category this falls into.

Re: Applications Open for Winter 2008 YC Funding

#36
post #31
post #30

Earlier quoted context omitted.

An H1-B doesn't prevent you from switching jobs, no?

it does for my potential co-founder. He's been working here for over 6 years with no GC. apparently you can't renew your H1B after X years, only stay with the same company.

Have you consulted a lawyer about this? Sometimes it can be quite surprising to see the solutions lawyers can cook up (with the appropriate fees of course).

Re: Applications Open for Winter 2008 YC Funding

#37
post #31
post #30

Earlier quoted context omitted.

An H1-B doesn't prevent you from switching jobs, no?

it does for my potential co-founder. He's been working here for over 6 years with no GC. apparently you can't renew your H1B after X years, only stay with the same company.

who says you cant switch jobs on an h1b? maybe your startup can hire him on an L1 business visa. The H1 quota was filled in a single day as I hear.

Re: Applications Open for Winter 2008 YC Funding

#38
post #20
post #13

I dont think there's any point in my applying again - am likely on PG's blacklist. :D

Welcome to the club. :) You'd get an email if you were on the official blacklist, though.

hey rms, I didnt know you were a real live snake oil salesman! :) I thought it was just a figure of speech but apparently they do exist. heh

(Just looked at your bio: "importing and selling unique herbal substances").

Re: Applications Open for Winter 2008 YC Funding

#39
post #18
post #13

I dont think there's any point in my applying again - am likely on PG's blacklist. :D

why?

YC is about flipping companies for $millions. They have a formula.

They are looking for child prodigies who fit a certain mold.

People who walk, talk, think and perform a certain way.

It is more like the Iron Curtain coaches who ran schools and would look for potential gymnasts for the next Olympics.

Re: Applications Open for Winter 2008 YC Funding

#40
post #27

Earlier quoted context omitted.

Those are impressively bad odds for being accepted.

They're made to look bad by how easy it is to apply. If you make a website offering people money if they fill out a form, a lot of people will fill it out. But the odds for a good team are not as bad as they might seem. At least a third of the applications are egregiously broken: 13 year old founders, people who want to "telecommute" from India, people who want us to fund their plumbing supply store, etc...

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