February 28, 2012

How close should you be with your investor?

Monica Goyal

One of the best places in the world to raise capital and accelerate your tech startup is Silicon Valley, California.  As Peter Theil, said in an interview with big think: . Wonderful if you are American, not so wonderful if you are from any other country. American immigration laws restrict the number of they issue every year, making it difficult to secure a work visa even with an employment letter. On the other hand, obtaining a is supposedly relatively easy, and is granted for 10 years. It allows people to come for the day and even permits them to stay overnight.

One solution I recently learned of for non-US tech startups, who want the advantage of being located close to Silicon Valley, is to be offered by : a 1000-person cruise ship 12 miles off the coast of Silicon Valley. It’s a floating incubator of sorts just beyond the US shores, where startups are housed, from which they can make day trips to investors, business partners or clients. There are many interesting details about the project in this .  Their says they plan to launch in Q3 2013, and the cost of accommodation will be $1200/person/month.



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