1,102 karma · joined May 14, 2009
Anyways, I am just curious as to why it is taboo for a normal VC to be investing in adult entertainment? Porn is a big/booming industry and I think a lot innovation can be made in it too.
Congratulations to RedBeacon team and TC50.
I agree that people will be gaming the system. There is no policy which cannot be gamed, but we have to look at the bigger picture. How many VCs do you think will put their reputation at risk to earn $50k pa? I am not saying the solution the author mentioned is perfect, but its a start. A system can be put in place similar to O1 or EB1 visa but with startups in mind. Every startup will have to go through certain conditions to be eligible to apply. The founders can have 1-2 year temporary visa and if things work out great, they should be granted Green card, or they should be allowed to go through the cycle again.
BTW, Congratulations, guys.
The thing that bothers me about this whole thing is that any company can do whatever they want and in the end the worst that can happen is that they have to destroy and not repeat it.
The distances are much shorter in India. Moreover, most of the trains have bunks you can sleep on and are overnight trains. If you buy second class ticket between big metros, you are even served dinner and breakfast and all just for $30. Now you can chose between driving and riding a train.
IMO, any co-founder of the company who owns more than a particular amount in the startup and the startup is at a stage where it can afford paying $100k+ salary to the co-founder should be able to obtain a visa. If the startup is VC funded, even better. But again there should be a complete background check and the startup business plan should be assessed by an independent committee before granting a VISA. Also, educational qualifications of the co-founder should be taken into account like PhDs should get the top most priority.
Paying $45 for HSI at home and $30 for iPhone is a lot. I am not looking forward to add more to it for tethering.
Congrats...
Also, how can I post a review about this app on the appstore, if I dont buy it and use the adhoc?