jacobwal
Joined 10 years ago
Joined 10 years ago
1: https://shorttermrentalz.com/news/sonder-series-e-round-june...
They get a partial advance on the ISAs from other investors, but the bulk of their revenue is collected when students pay.
Approach 2 makes sense for some. If you're just setting up a company to be in this incubator, then I 100% agree with you. But if you're working on something, and you think it'll have a better chance at succeeding if you're in the US, then it might very well make sense for you to get that kind of a visa. Many people (not involved with this incubator) do : )
- You could enter on an ESTA, which gives you 90 days. If you leave the US (Can+Mex doesn't count) and come back, the counter re-sets. Note that you're not allowed to work on ESTA, which means that drawing a salary is a no no. But if you desperately wanted to, you could probably figure out how to get paid in your home country or whatever would work for you.
- E-2 visa. A lot of EU countries have a treaty with US which says that: if a company is A) majority (>50%) owned by people/groups from your home country and B) someone from the country (doesn't have to be you) has invested ~$50K-250K (equity, not debt) in the company, then the company can apply for an E-2 visa for their key employees. It takes 1-3 months to process from what I hear, and the investment is substantial, but it's at least one more route that is available.
If anyone has more info on the two above, please feel free to correct me - I feel like I learn new things about the E-2 every time I speak to a new lawyer.
0: https://www.axios.com/wework-ceo-valuation-based-on-energy-a...
This is their site: http://kestepizzeria.com/en/home/
Not to be confused with the Slice site, which is linked on Google Maps (https://www.kestepizzavinonewyork.com/)
0: https://www.linkedin.com/pulse/i-cant-wait-you-see-what-we-d...
Agree that more data helps. For a headline I'd rather see revenue than margin or profit, as those are more subjective (or net revenue, if you're selling goods).
Unscalable business? Obviously a subjective take but, to me, that means anything where you're charging by the hour (e.g. consulting).
TLDR: businesses that scale vs those that dont : )
Were there any choices in the first few years that you think made a particularly big difference in setting Amazon up for what it is today? Anything you're particularly proud of that you did there?