Re: [SiliconBeach] Superannuation when becoming a US Citizen

2015-03-03 Thread simran
On Wed, Mar 4, 2015 at 3:56 PM, Patrick Collins wrote: > [...] > The US will always favor the individual's choice. [...] > Them's fightin words Patrick :) I think you have picked an aspect that is mostly true (eg. many drugs are still not the choice of individuals in the US), it forms and impor

Re: [SiliconBeach] AngelCube

2015-03-03 Thread simran
Which makes sense for StartMate with the US trip, Delaware Corp, etc... I think location can and often is very important (and StartMate is almost half in the US, so it absolutely makes sense to have mentors there!). An equally important (if not more important) question is, how are the mentors eng

Re: [SiliconBeach] Superannuation when becoming a US Citizen

2015-03-03 Thread Patrick Collins
As Dean said earlier, my bet is that when I come to retire, that the 9.5% super is worth almost nothing. I plan on being financially secure without it. We've all watched the financial industry's miraculous ability to siphon cash out of any pool and I'm also confident that the government will keep c

Re: [SiliconBeach] Superannuation when becoming a US Citizen

2015-03-03 Thread Sam Thorp
There's a lot more to it, obviously. The US system relies on employer-sponsored pension schemes, which are chronically underfunded and have their own host of special problems. The US doesn't have 'optional' superannuation - it just places the burden on the employer, rather than you. In both cases,

Re: [SiliconBeach] Superannuation when becoming a US Citizen

2015-03-03 Thread Geoff McQueen | AffinityLive
9.5% now Patrick. I don't mind as much it is locked away, but it pisses me off as an employer that people don't think about that as part of their salary. It is. Just as the funds paid to a fat and bloated health insurance industry is also a form of their salary which is not part of their gross an

Re: [SiliconBeach] Superannuation when becoming a US Citizen

2015-03-03 Thread Patrick Collins
I'm off topic, but the mandatory Superannuation scheme vs the optional 401k scheme in the US is a sublime example of the philosophical differences between how the two countries are governed. The US will always favor the individual's choice. Up to you if you want to vote. Up to you if you want a sa

Re: [SiliconBeach] Superannuation when becoming a US Citizen

2015-03-03 Thread Sam Thorp
Dean is right - as an Australian citizen, you can't withdraw your super early except in exceptional circumstances (terminal illness, etc - see http://www.humanservices.gov.au/customer/services/centrelink/early-release-of-superannuation ). What you may have read is that temporary residents who leav

RE: [SiliconBeach] Superannuation when becoming a US Citizen

2015-03-03 Thread Dean Collins
Phil, You cant withdraw your super…..not until you are 59 ½. So basically yes the IRS sucks….but in reverse the ATO sucks when it comes to ROTH 401k’s where you prepare tax……basically the way I figure it….i’m 15 years away so we’ll probably have at 3-4 changes in government on either side so wh

[SiliconBeach] Re: feedback on Web Summit and Rise Conf in Hong Kong

2015-03-03 Thread
Will be attending Rise in HK as an exhibitor :) I'd say Rise would be useful if you are focusing on Asia, while Collision is for North America. On Tuesday, March 3, 2015 at 1:20:17 PM UTC+11, sam de silva wrote: > > Hi there, > > Has any startups had experiences attending Web Summit, or any thou

Re: [SiliconBeach] Superannuation when becoming a US Citizen

2015-03-03 Thread Rick Lee
Could anyone point me to the rules around pulling out your Super? I'm a dual citizen but will be moving out of Australia. I remember being told that if you "move out of the country indefinitely" you can withdraw your Super. Is that the case? -- -- You received this message because you are

[SiliconBeach] Re: AngelCube

2015-03-03 Thread Craig Davis
Location is just one of many factors in how helpful and effective a mentor will be. Programs usually emphasise mentors with a high profile. While most of the best mentors are very successful people with a track record in startups, I think their engagement is very important. That is, do they have

[SiliconBeach] Re: What are BlueChilli's successful startups?

2015-03-03 Thread Ben Reid
Geoff - regardless of how applicable this is to Blue Chilli, that was a pretty darn entertaining and sharp-witted read. I did nearly lose my coffee over: "you may have to exercise your own discretion in deciding that a company with 1-2 listed people on LinkedIn, a moribund website and a "Not

[SiliconBeach] Re: AngelCube

2015-03-03 Thread amir
+1 to what Geoff said. Fwiw, the vast majority of mentors are based in Melbourne, a handful in Sydney, and some more in the US. On Tuesday, February 24, 2015 at 4:37:28 AM UTC+11, Dean Collins wrote: > > Curious how many of these mentors are based in Melbourne….? > - http://angelcube.com/mentor

Re: [SiliconBeach] Podcast: Game developer learnings on mobile user acquisition

2015-03-03 Thread Rai
Now that *was* interesting. Not in the least because I've experienced first-hand Nathan's social media engagement. Great to learn about the behind-the-scenes execution and strategy. Also, SHARED EASILY :P Thanks David! On Wed, Mar 4, 2015 at 11:33 AM, David Jones wrote: > FYI - latest Mobile E

[SiliconBeach] Podcast: Game developer learnings on mobile user acquisition

2015-03-03 Thread David Jones
FYI - latest Mobile Engagement Podcast with 'gong-based Nathan Harper developer of "Formula Legend" - for F1 geeks. Extremely good ideas on getting new users. http://streethawk.com/…/game-developer-learnings-mobile-us…/

Re: [SiliconBeach] New Australian Tool for Startups

2015-03-03 Thread Paul Gordon
thanks rai ... hope you found the product useful. Paul. On Tuesday, March 3, 2015 at 11:04:15 AM UTC+10, dekrazee1 wrote: > > Damn, that's a pretty slick onboarding process. Nice one! > > Rai > > On Tue, Mar 3, 2015 at 11:34 AM, Paul Gordon > wrote: > >> After a recent discussion with a local VC