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{"id":36723,"date":"2023-07-09T21:55:42","date_gmt":"2023-07-09T21:55:42","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/07\/09\/techcrunch-roundup-j-1-visa-details-how-to-close-a-series-b-in-2023-moving-for-tax-savings\/"},"modified":"2023-07-09T21:55:43","modified_gmt":"2023-07-09T21:55:43","slug":"techcrunch-roundup-j-1-visa-details-how-to-close-a-series-b-in-2023-moving-for-tax-savings","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/07\/09\/techcrunch-roundup-j-1-visa-details-how-to-close-a-series-b-in-2023-moving-for-tax-savings\/","title":{"rendered":"TechCrunch+ roundup: J-1 visa details, how to close a Series B in 2023, moving for tax savings"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/07\/07\/techcrunch-roundup-j-1-visa-details-how-to-close-a-series-b-in-2023-moving-for-tax-savings\/<\/a><\/br>
\nTechCrunch+ roundup: J-1 visa details, how to close a Series B in 2023, moving for tax savings<\/br>
\n2023-07-09 21:55:42<\/br><\/p>\n

\n

Remote-work startups were a hot commodity when the pandemic began, but in the post-vaccine era, many investors and founders are reconsidering their enthusiasm<\/a>, Rebecca Szkutak reports.<\/p>\n

\u201cIf I looked at all the companies that are actually categorized as remote work, you\u2019d see this little tip of the iceberg,\u201d said Kevin Spain, a general partner at Emergence Capital. \u201cBelow that there are a lot of other companies effectively following and benefiting from that trend.\u201d<\/p>\n

\n

Full TechCrunch+ articles are only available to members
Use discount code TCPLUSROUNDUP<\/strong><\/a> to save 20% off a one- or two-year subscription<\/i><\/p>\n

\n

Some companies working on hybrid workplace solutions \u201chave pivoted out of the category,\u201d others have reduced staff, and \u201cone virtual office startup recently sold off its IP and transitioned to AI,\u201d wrote Rebecca.<\/p>\n

\u201cIt\u2019s hard to pin the exact numbers on it,\u201d writes Rebecca, \u201cbut there are signs that things aren\u2019t going well for many remote work startups.\u201d<\/p>\n

Thanks very much for reading TC+ this week!<\/p>\n

Walter Thompson
Editorial Manager, TechCrunch+
@yourprotagonist<\/a><\/p>\n

Trying to close a Series B in 2023? Read this first.<\/h2>\n
\"a<\/p>\n

Image Credits:<\/strong> Christoph Wagner (opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n

Series B investment was down 60% YoY in H2 2022, but career marketplace hackajob started raising a $25M round late last year that closed four months ago.<\/p>\n

CEO Mark Chaffey shared a post with TC+ that lays out the plan his company used to engage skeptical investors and build \u201ca killer data room\u201d that targeted the right VCs.<\/p>\n

\u201cFrom there, it was all about execution,\u201d he writes.<\/p>\n

Deep tech in Latin America and the Caribbean is set to skyrocket<\/h2>\n
\"money<\/p>\n

Image Credits:<\/strong> Bryce Durbin \/ TechCrunch<\/p>\n<\/div>\n

According to a study issued by Inter-American Development Bank, deep tech founders who are considering starting up in Latin America and the Caribbean (LAC) have a lot to look forward to.<\/p>\n

\u201cThe report concludes that there is room for a twentyfold increase in VC investment into LAC deep tech startups over the next decade,\u201d writes Anna Heim in TC+.<\/p>\n

Ask Sophie: What do I need to know about getting a J-1 exchange visa?<\/h2>\n
\"lone<\/p>\n

Image Credits:<\/strong> Bryce Durbin\/TechCrunch<\/p>\n<\/div>\n

Dear Sophie,<\/strong><\/p>\n

I just found out that I\u2019ve been selected as a trainee in the J-1 exchange program.<\/strong><\/p>\n

I\u2019m currently in the U.S. on a B-1\/B-2 visitor visa. The sponsoring company would like me to start in August. I heard it can take several months to change my status to a J-1. Is there a way to get a J-1 faster?<\/strong><\/p>\n

Is there anything I should know about the J-1, particularly if I later decide to stay in the U.S. once the J-1 program ends?<\/strong><\/p>\n

\u2014 Techie Trainee<\/strong><\/p>\n

Get the TechCrunch+ Roundup newsletter in your inbox!<\/h2>\n

\"sign<\/p>\n

To receive the TechCrunch+ Roundup as an email each Tuesday and Friday, scroll down to find the \u201csign up for newsletters\u201d section on this page, select \u201cTechCrunch+ Roundup,\u201d enter your email, and click \u201csubscribe.\u201d<\/p>\n

Click here to subscribe<\/a><\/p>\n

Should you move to a new state for tax savings before selling your startup?<\/h2>\n
\"A<\/p>\n

Image Credits:<\/strong> Catherine Falls Commercial (opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n

Once an acquisition is in the works, it\u2019s natural for founders to start safeguarding their newfound wealth.<\/p>\n

\u201cOn a $30 million exit, a founder could save approximately $4.3 million by moving from California to Florida or approximately $4.4 million by moving from New York City to Florida,\u201d writes Peyton Carr, managing director of Keystone Global Partners.<\/p>\n

\u201cThat\u2019s a lot of incentive to pull up the stakes and head to Miami,\u201d but unless you follow state-level guidelines about where you spend time and generate income, \u201cyour move is likely to trigger an audit.\u201d<\/p>\n

Crypto funding drops for fifth straight quarter as investors continue to pull back<\/h2>\n
\"Young<\/p>\n

Funding to all-women teams dropped last year. Image Credits:\u00a0<\/strong>Klaus Vedfelt\u00a0\/\u00a0Getty Images<\/p>\n<\/div>\n

Prices for Bored Ape Yacht Club NFTs have crashed to a two-year low, and Binance, the planet\u2019s largest cryptocurrency exchange, is losing market share as it takes heat from the U.S. Securities and Exchange Commission.<\/p>\n

In Q2 2023, 382 blockchain and crypto startups received $2.34B in funding, reports Jacquelyn Melinek, who talked to several investors about how they\u2019ve adjusted their expectations.<\/p>\n

\u201cThe Tiger Globals and Softbanks of the world aren\u2019t going to invest in everything anymore,\u201d said Lasse Clausen, founding partner at 1kx.<\/p>\n

Yes, investors will sign an NDA, but only in this specific circumstance<\/h2>\n
\"person<\/p>\n

Image Credits:<\/strong> PeopleImages (opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n

If I were a tech investor, there\u2019s no way I\u2019d sign a non-disclosure agreement.<\/p>\n

Presumably, I\u2019d be meeting with hundreds of founders each year. Signing an NDA might preclude me from doing another deal with someone else working in a similar space: why would I ever agree to that?<\/p>\n

According to Haje Jan Kamps, entrepreneurs should only ask for an NDA when disclosing \u201cthe details of your tech with anyone outside your company.\u201d<\/p>\n

What\u2019s it like being a Black founder in France?<\/h2>\n
\"What<\/p>\n

What is it like being a Black founder in France? Image Credits:\u00a0<\/strong>Bryce Durbin \/ Marie-Guillemine Benoist<\/p>\n<\/div>\n

\n

\u201cI\u2019ve had people say, \u2018Oh, okay, nice, very interesting. Thank you. See you soon.\u2019 And we were in the middle of a conversation.\u201d<\/em><\/p>\n

\u201cWe are not taken seriously.\u201d<\/em><\/p>\n

\u201cIt\u2019s impossible that you can be their equal.\u201d<\/em><\/p>\n<\/blockquote>\n

Dominic-Madori Davis interviewed several Black founders in France to learn more about how they\u2019re working around racism and cultural stereotypes to obtain the same opportunities as their white counterparts.<\/p>\n

\u201cWe\u2019re missing the success stories that can inspire a new generation of entrepreneurs,\u201d said Rodolphe-Emmanuel Hospice, founder of healthcare company Clikodoc.<\/p>\n

\u201cThere are no real stories about Black founders in France.\u201d<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/07\/07\/techcrunch-roundup-j-1-visa-details-how-to-close-a-series-b-in-2023-moving-for-tax-savings\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/07\/07\/techcrunch-roundup-j-1-visa-details-how-to-close-a-series-b-in-2023-moving-for-tax-savings\/ TechCrunch+ roundup: J-1 visa details, how to close a Series B in 2023, moving for tax savings 2023-07-09 21:55:42 Remote-work startups were a hot commodity when the pandemic began, but in the post-vaccine era, many investors and founders are reconsidering their enthusiasm, Rebecca Szkutak reports. \u201cIf I looked at all the companies that are […]<\/p>\n","protected":false},"author":1,"featured_media":36724,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-36723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nTechCrunch+ roundup: J-1 visa details, how to close a Series B in 2023, moving for tax savings - 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