2 ms·
"If you are a foreigner working for a domestic startup, you simply aren’t allowed to have equity." This can't be true since you can have equity in a company. S
by jk2323 8y ago
"If you are a foreigner working for a domestic startup, you simply aren’t allowed to have equity."
This can't be true since you can have equity in a company. Start-up or not. An IPO may be a different thing because a regular foreigner can't hold A-Shares. If (big if) he holds a Chinese green card then even this is allowed.
- seanmcdirmid 8y agoThe number of foreigners with green cards is really small, I’ve never met one before, so I have no idea about their situation. I thought the whole point of the equity restriction is that you can’t hold A shares. What other kind of equity class is there besides outright ownership? And thats not even getting into the Huawei mess.