Readit Newsjd_illa commented on The DOJ just called me about Adobe/Figma merger · Posted by u/dawsmik
Yes. The Department of Justice. I filed a complaint stating the nature of deal may be in violation of antitrust regulation.
if you don't mind sharing, why did you file the complaint?
jd_illa commented on Show HN: Price Tracker for Rei.com reipricetracker.com... · Posted by u/sharps_xp
ooh i love this!
Following! Would love to know what you learn and if you are willing to share somewhere.
This would be great!
Hi I've done two of these and generally think they are worth it if the time commitment is manageable:
Pros: Community (always good to connect with other founders), some value in "brand" of parent company (if it's Google), PR opportunities, opportunities to network with folks in Google
Cons: No equity --> no stake --> limited incentive for the accelerator to provide you with tailored advice/mentorship, can be very time-consuming (and that's time you could be spending on your product), the "one size fits all" approach can lead to bad advice
Overall, I still think pros > cons, so long as the time is manageable. I think it would be great to have a Google stamp and meet other founders in the same space. I would also look into what the program commitments are (i.e. can you miss out on program talks/sessions without consequences?)
jd_illa commented on Working part time for startup while on L1 visa for another employer · Posted by u/satyajit101
check with a lawyer, but I suspect the answer is no. Visa rules tend to be very restrictive in the US and as noted on this thread, those restrictions usually say you can only work for your sponsoring employer and no third party. I don't know if it's possible to amend a L-1 visa so you're working part-time at two different companies (FAANG + your startup). Perhaps that's not something you want to do in any case.
There is a question of risk allocation: if you hold unvested equity, you probably aren't paying taxes on it until it vests or you exercise it (depending on the equity), so would USCIS (who issues visas) know if you are working part-time if there's no cash component? I don't know. But the risk is really high for you and the startup bc if the government does find out that you're violating your visa rules, they can deport you (potentially permanently) and also subject the startup to consequences.
If you are really excited about the startup, it's probably not a bad idea to check with an immigration lawyer about your options (this is something that they could probably answer quickly in a free consult).
Thanks for your response! The other company is just about strategy and sales consulting. They would also help to fill and maintain content but they don't sell any products or have own products. The reason why they want me to be part of the company is that they are very excited about the idea/prototype and they also bring in own ideas. So I see value in it to be honest. They could already start to market the product before it's 100% ready.
However, I don't want to transfer my work to someone else before I have seen any outcomes so that's my dilemma.
Ah OK, if you don't want to transfer your work before you see outcomes, I think it makes sense to hold off on starting a new company with them, especially since they are a consulting company (which is a totally different business). I would probably engage them as contractors initially -- if the relationship is going well, then perhaps you can create a new company. I'm having trouble understanding why you would roll your product into an existing consulting company.
jd_illa commented on What I want to see from a Learn To Code tutorial as a non-techie · Posted by u/buggythebug
This is so true!
jd_illa commented on Ask HN: How do you write a “Terms of Service” for your startup? · Posted by u/codeapprove
(Not legal advice). What does your business do? What stage are you in (e.g. pre-revenue)? And what data are you collecting from your customers?
If you are very early-stage and not collecting sensitive data, one place to start is looking at the TOS & Privacy Policies at similar companies. While you should not copy these exactly (which could trigger a claim of copyright infrigement), you can make changes that make sense for your business. If you are collecting sensitive data (financial info, SSN, etc.), then you may want to engage a lawyer, especially if you are in California.