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tldr; In spite of motivation, talent and hard work; financial situation and immigration (in my case) play a big role in your entrepreneurship journey. Excellen
by timewarrior 11y ago
tldr; In spite of motivation, talent and hard work; financial situation and immigration (in my case) play a big role in your entrepreneurship journey.
Excellent article by the writer. Apologies for the long post, however hope it is helpful for someone in similar situation. I can relate to many things that he has faced and feel incredibly lucky to not have faced some things that he had to.
I grew up in a small town in a poor family in India as eldest of four siblings. Our monthly budget was 20 dollars and things were really tight. However my dad worked really hard 16 hours every day and made sure that my studies do not get hindered. He told me every single day that with hard work I can achieve anything that I can dream of.
I got into IIT Bombay (one of the most prestigious colleges in India). However it was obvious to me, that I need to get a decent paying job right after school to support siblings and my dad who couldn't do 16 hours any more.
It took my the next 8 years working for others, to save enough to pay for the studies and marriage of me and my siblings and to help my dad retire.
During these 8 years, I built and ran the biggest social network to come of of India. Apart from this also built something which is now the Twilio of India. I was also the part of the team which built the current mobile offering at LinkedIn.
If I had financial stability, I would have started working on mine own ventures 3 years into my career. But it took 5 more years. As soon as I had financial stability, I quit LinkedIn (with 2.5 years of stock unvested) to start a company.
I started a company, where we had incredible opportunities. We built something like Slack for consumers around the same time as Slack. However, being on H1 visa, I was a minority stake holder in the company. And it is a bad situation to be in, if your traction is not already proven. It made sense to exit the company, so we sold it to Dropbox in an acqui-hire.
Dropbox treated me really well. I met some of the smartest people I have ever met over there and it can be a great place to work for many people. However, I soon realized that it wasn't a good fit for me. Such companies are very top driven, there is little creative freedom, and most of the work is cleaning up the tangled code developed over 7-8 years. So I quit Dropbox after an year.
Now I am in a job that gives me more creative freedom and I am pretty happy on that front. Meanwhile, I have been sole advisor for a few companies over the past 2-3 years and they are all profitable and didn't need to raise any money. The entrepreneur in me, keeps me raring to go and start another company. However, because I am on H1 visa, I do not want build another company with minority stake at formation (USCIS rules). To fix this, I would need to get a Green Card. However if you are from India, it will take you 8-10 years to get a Green Card in EB-2.
So the next steps are either move from US, or find a way to get a Green Card on EB-1. If anyone knows any good immigration lawyers, please help introduce.
However, related to the original post. In spite of motivation, talent and hard work; financial situation and immigration (in my case) play a big role in your entrepreneurship journey.
- dtran 11y agoRicky's co-founder here. Loved reading about your story-- found it by ctrl-f-ing your name after seeing your comment above :)