[HN Gopher] Eighteen150 A residence program for solo immigrant f... ___________________________________________________________________ Eighteen150 A residence program for solo immigrant founders Author : cubexyz Score : 35 points Date : 2023-08-21 19:30 UTC (3 hours ago) (HTM) web link (www.unshackledvc.com) (TXT) w3m dump (www.unshackledvc.com) | nawgz wrote: | [flagged] | broken_clock wrote: | Very cool! For people on visa who might be interested in | founding, someone told me about this lately: | https://en.wikipedia.org/wiki/International_entrepreneur_rul... | | The requirements are that you raise 250k+ though, but that's the | size of a decent seed round these days. | alvatech wrote: | The USCIS processing time is an issue here. It can require six | months to a year. However, using premium processing, an H1B | transfer can happen in 15 days. | [deleted] | nottorp wrote: | Interesting example founders. Looks like you need to have been at | the right university. | ilrwbwrkhv wrote: | Yup a lot of these woke vc firms play this game where they | still put up barriers to entry which are not related to the | actual idea or execution but then will play the "we help the | underdog" card. | quickthrower2 wrote: | This could be survivorship bias (and maybe their pragmatic | bias, which would be bad if so) based on the US immigration | system's decisions. | simonw wrote: | Does this program provide help with health insurance? | | Coming to the USA from the UK the health insurance system here | was utterly baffling and terrifying. It was OK for the first few | years because I had an employer to sort it out, but jumping | straight into a startup in a new country while needing to sort | out health insurance would not be a pleasant experience. | pottertheotter wrote: | I'm an American and I have always had health insurance through | work until two months ago. It's been baffling having to figure | out my own. And crazy expensive. | alvatech wrote: | One of the H1B visa requirements is a "employee-employer | relationship," which means that a) someone has the authority to | hire or fire you from your company, and b) the company should | continue if you are fired (i.e. not go bankrupt, and other | individuals can fill your function). | | Does this imply that the investment firm will have greater power | over the company than an immigrant founder? | debarshri wrote: | If you have a board of directors, in your USCIS case, you can | argument you have that relationship as board can fire a CEO. ___________________________________________________________________ (page generated 2023-08-21 23:00 UTC)