News for hackers. Stuff that matters.

A comment on Why I’m giving up on Europe and moving my startup to China. Parent comment

Re:Why I’m giving up on Europe and moving my startup to China by desigooner on Monday July 26, 2010 @01:01PM (#1548539)
I don't know about Chinese or Korean communities but a lot of the indians that you mention primarily come through via family ties.

One person gets here (alone or family) and files for immigration papers for their immediate relatives, starts working here (usually at an establishment of a relative or a person from the same community), makes enough money, transitions to setting up a new business and the someone else takes their place at the previous establishment. That's how the motels and 7/11,Dunkin etc. chains are run ..

This book had a nice description of this phenomenon. http://www.amazon.com/Dhandho-Investor-Value-Method-Returns/...

[ Parent | on HN ]
Re:Why I’m giving up on Europe and moving my startup to China by prototype56 on Monday July 26, 2010 @05:10PM (#1549301)
That's usually the case for DDonuts and Subways but Indians who create high tech startups are usually the ones who stood in line for a greencard ( sometimes for decades ).
[ Parent | on HN ]