21–30 of 144 posts
1. $345K from private investors.
2. $100k from govt or Federal entities.
3. partially satisfying the above criteria(up for a toss with uscis).
Some nascent YC potential companies might still loose out but nevertheless theres some glimmer of hope. Hope the rule gets published.
Try setting up shop in Shenzhen, China. Just spent a week over there. It is truly a Hacker's Paradise.
You can validate your ideas and get an MVP out in much faster time than the USA. You can be close to your eventual supply chain when you do make it big. It may sound a bit like premature optimization but the advantages are huge.
Of course, it will not hurt to learn a bit of Chinese (Mandarin) if you do decide to take that route. At least start with a few useful phrases to help break the ice. 'Ni Hao' (Hello); 'Xie Xie' (Thank You) and 'Duo Shuo Qian' (How much does it cost?). Learning the number system will also help know what the price is.
I spent a lot of time in the Huaqiang Bei and LoWu malls.
A special shoutout to Andrew "Bunnie" Huang for his 'The Essential Guide to Electronics in Shenzhen'[1]. It was invaluable.
Another shoutout to my Mandarin teacher Larry Xue and the San Jose Learning Center.[2] Attending his classes made me so much more confident that I could manage there even with the language barrier.
1. https://www.crowdsupply.com/sutajio-kosagi/the-essential-gui...
Does anyone know where and how the public can provide their comments? I cannot find a link on the page. Bootstrapped startups with no outside investments wouldn't be eligible based on this criteria.
Does anyone know where and how the public can provide their comments? I cannot find a link on the page. Bootstrapped startups with no outside investments wouldn't be eligible based on this criteria.
you are right and that was probably intentional. if not, there would be no way to determine if a startup is legitimate or not. attracting investment or funding seems to be the determining factor in this process.
Does anyone know where and how the public can provide their comments? I cannot find a link on the page. Bootstrapped startups with no outside investments wouldn't be eligible based on this criteria.
"You may submit comments, identified by DHS Docket No. USCIS-2015-0006, by any one of the following methods:"
Web: http://www.regulations.gov Email: uscisfrcomment@dhs.gov Mail: Department of Homeland Security, 20 Massachusetts Avenue, NW, Washington, DC 20529
It's pretty cool that they're proposing parole rather than an actual visa - I never thought of that possibility, but it seems to fix a lot of policy-related issues, such as visa caps, and allow qualifying entrepreneurs faster entry. Might short-circuit the process and we don't have to wait for politicians to agree that a founder visa makes sense. Founders also wouldn't have to get a certified LCA or meet minimum wage…
Parole is a terrible experience on the ground. Yea you get into the states, but you'll be sent to secondary every time you cross the border while they validate your parole status. It seems to be a trend for the US to make the immigration experience more and more demeaning in practice.
Looks like the proposed parole is quite similar to L1 except instead of foreign company there's foreign private person direct relationship.
Earlier quoted context omitted.
Parole is a terrible experience on the ground. Yea you get into the states, but you'll be sent to secondary every time you cross the border while they validate your parole status. It seems to be a trend for the US to make the immigration experience more and more demeaning in practice.
Having a visa didn't really make this particularly better for me, and at the end of the day being able to get/stay in and just work when you want to work is a damn sight better than what many people (like me) have had to go through in recent years to start a company.
In the old days when this country's government worked you'd see a new visa category created and USCIS able to keep processing times within reason.
Nobody should take this proposal as an example of the system working.
The Internet has ruined me.