Here’s another edition of “Dear Sophie,” the recommendations column that addresses immigration-related concerns about operating at innovation companies.
“Your concerns are important to the spread of understanding that permits individuals all over the world to increase above borders and pursue their dreams,” states Sophie Alcorn, a Silicon Valley immigration attorney. “Whether you remain in people ops, a founder or seeking a task in Silicon Valley, I would love to answer your questions in my next column.”
Bonus Crunch members get access to weekly “Dear Sophie” columns; use promotion code ALCORN to acquire a one- or two-year membership for 50% off.
Dear Sophie:
I’m a start-up founder wanting to expand in the U.S. I was originally looking at opening an office in Silicon Valley to be close to software application engineers and investors, but then … COVID-19:-RRB- A lot has changed over the last year– can I still come?– Hopeful in Hungary Dear Hopeful: How and where
work is getting performed in Silicon Valley(as
well as in much
of the world)moved during the COVID-19 pandemic. That stated, yes, it can still make business sense for numerous to sign up with the Silicon Valley ecosystem. According to a recent report from PitchBook, Silicon Valley will continue to be the center for VC financial investment and state-of-the-art skill, even though several large tech business transferred out of Silicon Valley and carried out full-time work-from-home policies — and lots of forecasted that”the Bay Location tech&scene as we understand it would be lost, and VC would discover a new home.”Clearly, while the pandemic’s impact on the venture industry will be felt in years to come, VC will continue to be focused in Silicon Valley. In a recent episode of my podcast, I discussed work trends and how to use immigration to support business concerns as well as maintain and bring in skill in — the United States. The PitchBook report mentions that Silicon Valley “has actually kept a tight hold on fundraising in the U.S., closing on commitments going beyond $151 billion over the previous five years, more than the rest of the U.S. communities integrated. LPs have continued to funnel capital toarea VCs because of the area’s performance history of success, which includes 17 of the 22 U.S. business to ever receive a private assessment of $10 billion or more.
” Image Credits: Joanna Buniak/ Sophie Alcorn(opens in a new window)So while VCs will likely return to the old methods of networking
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