Comments on: Support the Canadian Startup Visa – sign this petition http://www.troyangrignon.com/2009/12/13/support-the-canadian-startup-visa-sign-this-petition/ Business • Technology • Society • Environment Sun, 16 May 2010 21:41:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Troy http://www.troyangrignon.com/2009/12/13/support-the-canadian-startup-visa-sign-this-petition/comment-page-1/#comment-1009 Troy Mon, 14 Dec 2009 19:13:59 +0000 http://www.troyangrignon.com/?p=878#comment-1009 But given the funding rates of most small technology businesses and the fact that many of them are bootstrapped, it seems to unnecessarily limit the visa in my opinion. I'd definitely prefer to see some sort of "number of employee" threshold or something. I think that the E visa in the U.S. is $1M of investment and must employ >5 U.S. citizens...? Taking that approach but limiting the investment portion would be preferable. Like all systems, it would/will get gamed anyway but that's not a reason to not do it. In any case, nice work on pushing the idea. It's an idea whose time has come. But given the funding rates of most small technology businesses and the fact that many of them are bootstrapped, it seems to unnecessarily limit the visa in my opinion. I’d definitely prefer to see some sort of “number of employee” threshold or something. I think that the E visa in the U.S. is $1M of investment and must employ >5 U.S. citizens…? Taking that approach but limiting the investment portion would be preferable. Like all systems, it would/will get gamed anyway but that’s not a reason to not do it.

In any case, nice work on pushing the idea. It’s an idea whose time has come.

]]> By: Danny Robinson http://www.troyangrignon.com/2009/12/13/support-the-canadian-startup-visa-sign-this-petition/comment-page-1/#comment-1007 Danny Robinson Mon, 14 Dec 2009 19:10:50 +0000 http://www.troyangrignon.com/?p=878#comment-1007 Yes, VC funding was a term I added because that fits our model specifically. But I agree that it may not work in all situations. I would prefer to *not* have it in there at all, but after reading the immigration rules for other types of 'visas', I felt that it would be a term that would make it easier to be accepted by the immigration beurocrats. Most first time founders don't have much money, and wouldn't pass the 'putting stress on our social system' test. Yes, VC funding was a term I added because that fits our model specifically. But I agree that it may not work in all situations. I would prefer to *not* have it in there at all, but after reading the immigration rules for other types of ‘visas’, I felt that it would be a term that would make it easier to be accepted by the immigration beurocrats. Most first time founders don’t have much money, and wouldn’t pass the ‘putting stress on our social system’ test.

]]>