Where Hackers (couldn't) Go
blog.omgponi.es
blog.omgponi.es
Unless there's something REALLY special about your circumstances, you almost certainly couldn't - unless you had that £100+k already for an E-2 (or even more for the investment green card option), were incredibly famous, have an existing business here you can use L transfer visas on, or had certain types of US family relationships. (I've wanted to get over to the US for a long while now, and am patiently saving up the sums of money required, so I've looked into it quite a bit! :))
Anyway, YCombinator isn't the only option. I'm based in the UK, started a business in 2005 that got angel funding from US based investors, and sold it in 2007 for a reasonable profit (though nothing crazy). It's doable. YCombinator isn't the "only" option by any stretch. Work your network!
For sure. But if you did get accepted then...
> Unless there's something REALLY special about your circumstances, you almost certainly couldn't
I'm not sure I'd go that far. I'm not a layer, and I'm not encouraging any sort of illegal activity, but the visa waiver program might (at a push) be ok for something like YC. Anyone tried? I worked for a firm in the UK that sent me to the US to conduct 'internal meetings' once or twice before I got an L1 visa. I never dug into the detail of exactly what is allowed, but they seemed confident that using the visa waiver program in that way was ok. The YC term might require a trip to Canada. A lawyer in the back pocket might not be a bad idea either..
It's really not. I'm not a lawyer either but this is very much illegal and you will be deported (and be made ineligible to use the VWP ever again) if found out.
You can use the VWP to attend business meetings and certain types of sales calls, warranty repairs, etc.. but actually doing "work" (even if not in return for money) is a big no-no. With YC you'd actually be getting money AND doing work.
I worked for a firm in the UK that sent me to the US to conduct 'internal meetings' once or twice before I got an L1 visa.
Meetings would be okay. If you were actually "working" though, that was illegal. That's not to say it doesn't happen all the time but it's still illegal.
More info on http://travel.state.gov/pdf/BusinessVisa.pdf
If you really need money, say for storing and serving terabytes of videos, and you can't get the money all on your own, you might have a shot and getting some local angel investor. Maybe not someone officially in the angel racket, but one with money to invest and a weak enough will. Use your University or other high quality contacts to find out where potential investors are spending time, and go to the lake (or wherever), and make friends with them! Plus, you're only a stone's throw from all of Europe, so you could take your idea on the road to conferences and technological hot spots.
But this all assumes you need this nice bundle of money from the desk of Paul Graham. Ask yourself, "What do I really need this money for?". Is it just living expenses, a web server, and a shiny new laptop? Do you need to pay employees too? Would it be an option to find a job and save up the money? Considered leeching off friends, girlfriends, parents, or even homelessness? (Depends on sanity and dedication, I guess.)
I'm with charlesju on this one: _Build a business and you won't need funding._ We all have ideas that are more interesting than monetizing. You need to compromise this to have a true business. True, the interesting idea can pay off long term (see Facebook for an extreme case that hasn't even played out yet), but you need to think shorter to finance it if this is your path to seed funding for the real project. Which is why,
And then there's the whole location fallacy. This is the internet, not real estate for goodness sake. Just think: I'm sending you letters with zero postage over the ocean like it's nothing. Is TechCrunch really gonna care that you're not 5 miles down the street? If all they want to report on is Twitter, then there is other media coverage out there. I know it's cliche, but there are starving kids in Africa that would love to be in the place you are. And you want to leave? Isn't there an adequate concentration of hacker types somewhere the UK? Maybe I'm just spoiled with Microsoft and Nintendo operating out of my backyard, but in a country with tens of millions, surely you can find investors and a community of to work with. Find a club or organization that draws the kind of people you need help from. Or pass a clipboard or a digital equivalent around and start your own. So screw Silicon Valley! Make your own fucking Fiber Optic Kingdom!
(And, when you've made all that £££ off of Cheeri2.0, you will effortlessly gain passage to the Americas, just like you dreamed.)
Seems pretty simple.
And if you can't make it make you that money, then perhaps it's not a profitable venture to pursue.
YCombinator doesn't fund "projects" or even "real projects". They fund businesses.
This is what we've opted to do to get Sponty rolling. YCombinator would be nice, but we're beyond the initial prototype and one of the cofounder cannot quit his day job just yet.
Their next deadline is April 6th for the London Mini Seedcamp (http://seedcamp.com/pages/london09).
If this is you, you will make an excellent employee for someone who knows how to channel your attention to tasks that matter.
This has been done plenty of times, and Y Combinator isn't the only place to go. There's lots of places/people you can go to in order to get < $100k of startup capital.
You only know about YCombinator because they have invested a lot of time and money into marketing their brand as a startup incubator. I know that term has fallen out of fashion since the go-go 1990's, but that's exactly what they are. Paul Graham writes essays and publishes them to the internet, he's involved with open source, you're reading his marketing BBS right now, etc.
Get out of your apartment and start networking with people with money. If you can't do that, try to save up some of your own.