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Any company building this kind of tech should have a separate shell headquarters on some low regulation island country. Any government work can be done via MOU
by sailfast 4mo ago
Any company building this kind of tech should have a separate shell headquarters on some low regulation island country.
Any government work can be done via MOU with a US subsidiary staffed by Americans.
This kind of capricious, unexplained control is bullsh*t.
I’m not saying that I want companies to have to go offshore or that that would be a good thing. Just that you’ve got no leverage if your corporate structure can be destroyed on a whim. This goes for any company reliant on a whimsical executive branch.
While there could still be fights over the technology and the company, a tech provider would still be able to serve other customers and have more leverage.
- tomjakubowski 4mo agoA separate shell headquarters on some low regulation island country? Like FTX?
- blitzar 4mo agoThey should also have a company penthouse / polycule in said low regulation island country. And drugs, lots of drugs.
- rootusrootus 4mo ago> Any company building this kind of tech should have a separate shell headquarters on some low regulation island country. Like where? How about Cuba? Where Guantanamo is, where we put terrorists because we don't want them to be subject to US laws (or more specifically, we don't want ourselves to be subject to those laws when we are dealing with said terrorists). How about no. International law has only as much power as the biggest military willing to enforce it. Hiding on some little island is not at all a good strategy for trying to evade the US government.
- pitched 4mo agoWithout going that far, send a few people a couple hours North instead and serve international customers from Canadian data centers. As far as I understand, it is only blocked in the US, right?
- breakpointalpha 4mo agoIt's routine and trivial for the US Gov to enforce export controls on non-US based companies. This "across the border" strategy will not work. Seagate Singapore was hit with civil penalties and settlements for shipments to Huawei under the Foreign Direct Product Rule. ZTE, a Chinese company, was criminally prosecuted and settled with U.S. DOJ/BIS in 2017 for violating U.S. export controls and sanctions.
- tiahura 4mo agoWhich would guarantee 0 VC investment once the itar notice goes out.
- snvzz 4mo ago>Any company building this kind of tech should have a separate shell headquarters on some low regulation island country That would seem to me as grounds for piercing the corporate veil and holding the people behind it directly responsible. High treason or some similar charge. Capital punishment not out of consideration.