I agree with Elias.  Does that mean someone who does not have experience in
raising money but with other technical skills would not be an Entrepreneur?

On Sat, Sep 12, 2009 at 11:16 AM, Elias Bizannes
<elias.bizan...@gmail.com>wrote:

>
> Why do you need to prove you've raised money to validate yourself as a
> entrepreneur?
>
> Shouldn't jobs and sales within a certain period of time be the
> superior metric? As that is a true value recognition of an
> entrepreneurs contribution.
>
> Sent from my iPhone
>
> On 11/09/2009, at 4:27 PM, Niki Scevak <niki.sce...@gmail.com> wrote:
>
> >
> > Richard, well I believe Feld's suggestion was that the visa be in
> > perpituity: So the startup will more than likely to fail but the US
> > should let the person stay permanently with the view that they will
> > more than likely start another company if that is the case.
> >
> > On the requirements, I think it would be pretty clear cut: Raise a
> > certain amount (he suggested $250k), get some sort of approval from an
> > accredited investor (maybe leverage comet program), and maybe register
> > documents with the ASIC so that if it is a scam it can have a document
> > trail.
> >
> >
> > On Sep 11, 10:21 pm, Richard Buggy <r...@buggy.id.au> wrote:
> >> Canada has an entrepreneur class in their business class for
> >> immigration.
> >> From memory its requirements included items like minimum net wealth
> >> and a
> >> requirement to create a number of jobs within a certain time frame.
> >> I'm sure
> >> something similar could be applied here. To resolve the issue of
> >> status
> >> after a startup fails you might include a clause that allows them
> >> to stay
> >> and work for 1 to 2 years after the startup fails providing the
> >> startup met
> >> certain criteria (maybe operated for at least 6 months and created
> >> at least
> >> one job). This would give them time to return home, arrange another
> >> visa or
> >> even create a new startup.
> >>     Rich
> >>
> >> On Fri, Sep 11, 2009 at 1:31 PM, Jonathan Clarke
> >> <clarke.jonat...@gmail.com>wrote:
> >>
> >>
> >>
> >>
> >>
> >>> There's an interesting discussion going on right now on Hacker News.
> >>> http://news.ycombinator.com/item?id=815457
> >>>
> http://www.feld.com/wp/archives/2009/09/the-founders-visa-movement.html
> >>
> >>> I'm an Irish immigrant and very much interested in starting up in
> >>> Australia
> >>> so this issue is pretty close to my heart.  The problem with the
> >>> founder
> >>> visa is just who becomes the authority on what constitutes a
> >>> founder?  A
> >>> government committee? A VC panel?  Also, when (not if) a startup
> >>> fails, what
> >>> is the founders status afterwards?
> >>
> >>> Jonathan
> >>
> >>> 2009/9/11 Tim Bull <tbull...@googlemail.com>
> >>
> >>>> I think this is a great idea, however it's likely to be hard to get
> >>>> support for it in general given the typically xenophobic nature
> >>>> of the
> >>>> average Aussie.
> >>
> >>>> The problem with the two visas you've nominated is that they don't
> >>>> appear to let the Foreign Founder (FF) immigrate and then create
> >>>> the
> >>>> business - rather the business has to be already established and
> >>>> sponsor them in.
> >>
> >>>> I'm guessing that FF's will want to immigrate permanently to
> >>>> Australia
> >>>> (or why start a business here?) - neither of those visa classes
> >>>> appear
> >>>> to address that issue.
> >>
> >>>> Still, I think it's a good idea.
> >>
> >>>> On Sep 11, 6:48 am, "rgh....@gmail.com" <rgh....@gmail.com> wrote:
> >>>>> Dear Members,
> >>
> >>>>> There has been lots of discussions on "How to make the next
> >>>>> Silicon
> >>>>> Valley" world-wide with governments spending billions of dollars
> >>>>> in
> >>>>> various programs and failing.
> >>
> >>>>> Paul Graham argues  in "Can you buy a Silicon Valley. Maybe"
> >>>> http://www.paulgraham.com/maybe.htmlthatfor a Billion dollars
> >>>>> anywhere could become the number two startup hub globally.
> >>
> >>>>> Another argument is creating a "Founders Visa",
> >>>> http://www.paulgraham.com/foundervisa.html
> >>>>> that is a visa for people who start businesses would simplify and
> >>>>> reduce the cost of becoming a startup hub.
> >>
> >>>>> Without going into the complexities of the Australian Immigration
> >>>>> system, I think under the currents rules it would be possible to
> >>>>> create a virtual 'Founders Visa'.
> >>
> >>>>> It would involve using either Occupational Trainee Visa
> >>>>> (Subclass 442)
> >>>>> or Professional Development Visa (Subclass 470).  There is also a
> >>>>> possibility for using some the student visas.
> >>
> >>>>> What do people think about get more smart people in Australia to
> >>>>> start
> >>>>> businesses.
> >>
> >>>>> Richard Hayes
> >>>>> Carbon Free Solutions
> >>
> >> --
> >> --
> >> Rich Buggy
> >> r...@buggy.id.au
> > >
>
> >
>


-- 
Blog: http://panyam.wordpress.com

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