They have a really odd way to attract tech talent....
I exited my startup in the uk two years ago, successfully, leaving a successful and growing technology business behind. I have several ideas which I am prepared to self-fund up to £0.5M, and want a good environment in which to start a new business. I know coders in NZ, and they’re a talented bunch, we began to hatch a plan.
In short, the NZ gov’t don’t want it. They either want more money invested up front (much, much more), a VC to be involved (not at that stage yet by a long shot), or for me to buy a new property in NZ for > $2,000,000. Apparently having built a business with £10M turnover from nothing isn’t sufficiently good enough entrepreneurship for me to pass.
I’m now looking elsewhere - which is a shame, as I love NZ for many reasons, from the people to the nature, to the family I have there. I’m trying very hard not to be bitter about the repeated rejections, as it’s not fair to tar a nation on the basis of immigration bureaucrats. I’m certainly disappointed - the idea was for a service that NZ needs, that I hit upon while travelling there after my exit for a few months.
All they will attract will be satellite startups owned by megacorporations, as this appears to be how the bars are set.
I exited my startup in the uk two years ago, successfully, leaving a successful and growing technology business behind. I have several ideas which I am prepared to self-fund up to £0.5M, and want a good environment in which to start a new business. I know coders in NZ, and they’re a talented bunch, we began to hatch a plan.
In short, the NZ gov’t don’t want it. They either want more money invested up front (much, much more), a VC to be involved (not at that stage yet by a long shot), or for me to buy a new property in NZ for > $2,000,000. Apparently having built a business with £10M turnover from nothing isn’t sufficiently good enough entrepreneurship for me to pass.
I’m now looking elsewhere - which is a shame, as I love NZ for many reasons, from the people to the nature, to the family I have there. I’m trying very hard not to be bitter about the repeated rejections, as it’s not fair to tar a nation on the basis of immigration bureaucrats. I’m certainly disappointed - the idea was for a service that NZ needs, that I hit upon while travelling there after my exit for a few months.
All they will attract will be satellite startups owned by megacorporations, as this appears to be how the bars are set.