Hacker News

Ask HN: How to pay myself on F1 Visa as startup CEO

Hacker News - Fri, 11/15/2024 - 12:58am

We recently raised ~$200k on SAFEs. I live in SF. I quit my internship job earlier this year to start this company with my co-founder. Right now my CPT in invalidated from quitting previous job. I'm not eligible for any CPT/OPT for another year, and my personal runway is so low to a point I will need to pay rent (1.2k/mo) and food using company's card. Is there any chance that this may be illegal?

Potential Risks: Immigration: Working without authorization Corporate: Improper compensation documentation Tax: Unclear treatment of founder expenses/benefits Personal: Risk to future visa/immigration status

Looking for advice on structuring founder compensation compliantly while maintaining F1 status. Has anyone navigated this successfully?

Comments URL: https://news.ycombinator.com/item?id=42144299

Points: 1

# Comments: 0

Categories: Hacker News

Vespel – A Wonder Plastic

Hacker News - Fri, 11/15/2024 - 12:55am

Article URL: https://en.wikipedia.org/wiki/Vespel

Comments URL: https://news.ycombinator.com/item?id=42144288

Points: 2

# Comments: 0

Categories: Hacker News

How "Anonymous" can a founder get?

Hacker News - Fri, 11/15/2024 - 12:30am

It's not for "avoiding the fame" or anything like most of these kind of posts say, its for security.

Let's say that the product this company releases could make some very bad people angry like cartels and multinational gangs.

What can a founder do in order to hide its personal information to avoid getting tracked by those people?

And just in case, assume that those people have connections to the goverment as in corruption, so even if only they have access to it, it will still get out.

Comments URL: https://news.ycombinator.com/item?id=42144189

Points: 2

# Comments: 5

Categories: Hacker News

Scaling Realities

Hacker News - Fri, 11/15/2024 - 12:24am
Categories: Hacker News

Tidbyt Is Joining Modal

Hacker News - Thu, 11/14/2024 - 11:57pm
Categories: Hacker News

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