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Stories from March 15, 2007
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Maybe it's time I finally explained the math of taking investment. You should give up n% of your company iff (not a typo) what you'll get in return for it will increase the value of the remaining (100 - n)% enough to put you net ahead.

So in the case of YC, you should trade us 6% of your co if you think that the money plus whatever else we add will increase your average outcome by 7%. (.94 x 1.07 > 1) Do we increase the average outcome of the startups we fund by 7%? I think few would say we didn't. I'd guess we at least double the outcome for the average startup.

2.Is Y Combinator right for your startup? (pretheory.com)
19 points by bhb on March 15, 2007 | 25 comments
3.Applying to Y Combinator without a VISA?
18 points by gustaf on March 15, 2007 | 23 comments
4.Y Combinator, Should You? (xobni.com)
16 points by adamsmith on March 15, 2007 | 5 comments
5.5 Reasons to Create Your First Startup (particletree.com)
17 points by Sam_Odio on March 15, 2007
6.Ask the Wizard: Creating Competitors (burningdoor.com)
13 points by brett on March 15, 2007 | 3 comments
7."Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months." (fastcompany.com)
14 points by pashle on March 15, 2007 | 15 comments
8.Are Web Interfaces "Good Enough"? (codinghorror.com)
10 points by jcwentz on March 15, 2007 | 9 comments
9.Time to start making apps for the Google Phone (engadget.com)
9 points by Readmore on March 15, 2007 | 1 comment
10.Bruce Sterling on death of "blogs" (wired.com)
8 points by phil on March 15, 2007 | 2 comments
11.How to improve your pitch process with entrepreneurs (venturebeat.com)
8 points by python_kiss on March 15, 2007 | 1 comment
12.The Effort Effect (stanfordalumni.org)
9 points by brett on March 15, 2007
13.Filmloop "Betrayed By Investors" (techcrunch.com)
9 points by reitzensteinm on March 15, 2007 | 1 comment
14.Fred Wilson warns about "dumb money" (avc.blogs.com)
7 points by pg on March 15, 2007 | 2 comments
15.Guy Kawasaki on "The Effort Effect" (guykawasaki.com)
7 points by brett on March 15, 2007 | 3 comments
16.Google Maps for all non-free sites starts at $10,000 / year (google.com)
6 points by herdrick on March 15, 2007 | 4 comments
17.User interface friction Research Vista vs XP vs Mac OS (pfeifferreport.com)
6 points by nippotam on March 15, 2007 | 2 comments

Hey folks,

I've actually just gone through this process. I'm a Canadian who just finished school and here are the option my US-based immigration lawyer laid out for me:

1) E2 investment visa: not easy to do. You need to meet an undefined "minimum investment criteria" which is typically $500,000 but if you're lucky you may be able to get in with less.

2) TN-1. A legitimate option for Canadians and Mexican. You need to find an American to own your startup in the U.S. and you start a company in either Mexico or Canada. You then get hired by the owner of the U.S.-based company and get a TN-1. You can't be the owner of the U.S.-based company but you can have an option to buy the whole thing.

The nice part about this is that you then get the American-based company to issue you an H1-B visa the next year and you're well on your way to a Green Card.

3) L2. Find someone on an L1 visa and marry them. You can then work for anyone in the U.S. including your own company

19.Steve Jobs' Best Quotes Ever (wired.com)
5 points by r0b on March 15, 2007 | 2 comments

It ought to. Among other things, one ought to get first wind of new trends (including potential competitors) on a site like this.
21.YC News UK meet up - 15th March, London
5 points by danw on March 15, 2007 | 5 comments
22.Top 10 Lies VCs Know You're Telling (Guy Kawasaki) (guykawasaki.com)
5 points by domp on March 15, 2007 | 2 comments
23.Seth's Blog: Thrill seekers (sethgodin.typepad.com)
5 points by veritas on March 15, 2007

SQL injection? You'd need something more like alist injection.
25.How to work in the US as a Canadian. (grasmick.com)
5 points by jward on March 15, 2007 | 3 comments
26.Come hear the founders of reddit speak @ UVa (bluwiki.com)
5 points by Sam_Odio on March 15, 2007
27.How to Feed a Startup (reddit.blogspot.com)
5 points by Sam_Odio on March 15, 2007
28.Why forming an LLC might be a useful setup for many startups (sfgate.com)
5 points by danielha on March 15, 2007 | 4 comments
29.Cisco enters web software market with WebEx acquisition (cnn.com)
4 points by martin on March 15, 2007
30.Social network traffic up 11.5 percent; MySpace still dominates (zdnet.com)
4 points by python_kiss on March 15, 2007 | 1 comment

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