silicon valley revealed - steve baxter presentation
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TRANSCRIPT
Introduction
About Me
Stephen Baxter, founder River City LabsFounded a couple of Australian companies 1994-2010Regular visitor to Silicon Valley since 1998Worked in Mountain View, CA for 12 months
Helpful stuff
Consumer protection in the US are weak – be prepared to get ripped off
The US is cheap
Very helpful website - http://blog.andrew.net.au/2005/11/24
RCL – a great place to work – grab a desk – only $350 per month (ex)
Issues
• Employment Process• VISA• Actually getting there• Social Security Number• Credit Rating• Money, Banking and Tax• Stuff to do
RCL - casual space – all the benefits of a desk without a desk - $100 per month (ex)
Issues
• Employment Process
Hire slow fire fast – not always true – they tend to fire slow in my experience
Interviews – painful – they are indicative of companies that have capital to burn
Employment law – very different to Australia
RiverPitch – www.riverpitch.com – Pitch to a room full of investors
Issues• VISA
E3 visa of choice
2 years – must be renewed every 2 years
Dependant rights to work – E3D
Education requirement – equivalency test possible
10 day get out of town condition
Get your employer or a law firm to do it for you
Embassy interview
RCL – a great place to work – grab a desk – only $350 per month (ex)
Issues
• Getting there
How much of your stuff do you take
Use a freight company – restrictions are few until you come home
RiverPitch – www.riverpitch.com – Pitch to a room full of investors
Issues
• Social Security Number
You ain’t free until you can be tracked by a social security number
Easy to get for the E3 holder – harder for the E3D
Bureaucracy issues it – be prepared to wait
You need it for every thing, don’t lose it – ID theft is very prevalent
RCL - casual space – all the benefits of a desk without a desk - $100 per month (ex)
Issues
• Credit Rating
Needed for almost everything
Even was used in our rental application
Take steps before you leave to work with your bank/credit providers
Credit score builds over time
RCL – a great place to work – grab a desk – only $350 per month (ex)
Issues
• Money, Banking and Tax
US banks suck
US deposit interest is very low
You need a cheque (check) account
Credit Score
There are 1700 tax jurisdictions in the US
Double taxation treaty
RiverPitch – www.riverpitch.com – Pitch to a room full of investors
GET YOUR OWN TAX ADVICE – DO NOT RELY ON ANYTHING I SAY HERE
Issues
• Health care
The one truly disappointing aspect of the USA
Make sure you understand your healthcare plan
Visits to hospitals are expensive (this is one part of the US that is not cheap)
RCL - casual space – all the benefits of a desk without a desk - $100 per month (ex)
Issues
• Stuff to do
Travel – National Parks – America’s Best Idea
Work – work place inefficiency means long hours, expected of staff
Eat – Yelp.com – great food - very cheap. Beer very good.
Local Travel – Redwoods, Winchester House, cycling, snow, wineries
Getting out– music, sport
RCL – a great place to work – grab a desk – only $350 per month (ex)
Issues
• Other stuff
Craigslist rocks – use it for almost everything
Advance.org is a great group helping expats overseas especially in the Bay Area
Get a US driver license, you will need this for car insurance
Sausages are too fancy, bacon is wrong.
RCL – a great place to work – grab a desk – only $350 per month (ex)