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Re:Ask HN: How do I legally run a startup in US while on an ... by cemregr on Tuesday December 03, 2013 @12:13PM (#6841592)
* You can do this on the OPT *. Without OPT F-1 employment rules are strict. But the OPT is basically a green card when it comes to what kind of work you can do (anywhere, you don't have to ask anyone's permission to change employers, you can freelance, you can start a business, you can work for multiple employers).

You need to work full-time on OPT. I don't know how they check but you need to be prepared to prove that you're working full time. (I know about this because if you're freelancing, my school told that I need to keep extensive paper trail to prove that I'm employed.) There's limitations about how long you can be unemployed in the OPT.

You need to register your company in E-verify for OPT extension. To register for e-verify you need tax ID numbers and a DUNS number as well. It's a pain but I was able to do it myself. (They make you study for a quiz, etc). You actually don't need to e-verify yourself. Just registering the company and getting an e-verify number was enough for us.

Re:Ask HN: How do I legally run a startup in US while on an ... by convulsive on Tuesday December 03, 2013 @04:22PM (#6843283)
Hi, can I shoot you a few quick questions over email about the process of applying for OPT extension while employed at your own company? Would really appreciate some advice on this.
Re:Ask HN: How do I legally run a startup in US while on an ... by cemregr on Tuesday December 03, 2013 @07:19PM (#6844187)
Sure. public at cem dot re
Re:Ask HN: How do I legally run a startup in US while on an ... by datacog on Tuesday December 03, 2013 @12:18PM (#6841619)
Hi, So I'm on F1 OPT stem extension which is about to end in June 2014. How to tackle things after the stem gets over? H1B sponsored by my company ?
Re:Ask HN: How do I legally run a startup in US while on an ... by cemregr on Tuesday December 03, 2013 @07:20PM (#6844193)
Yeah, when the OPT runs out you need H-1B. However there's something called the Cap-Gap extension which extends your OPT until your H-1B begins.

I actually got an O-1 because my company got press and funding and I was able to use that as evidence of extraordinary talent .

Re:Ask HN: How do I legally run a startup in US while on an ... by eshvk on Tuesday December 03, 2013 @01:56PM (#6842280)
Once the stem is over, you need to switch to the H1B. Also if you were born in Canada, Singapore, Chile, Australia, things are easier.
Re:Ask HN: How do I legally run a startup in US while on an ... by datacog on Tuesday December 03, 2013 @02:29PM (#6842521)
Im from India. I will have to go on an H1B, even if I apply for a green card (EB2), it will take me 5 years with the current queue.
Re:Ask HN: How do I legally run a startup in US while on an ... by cylinder on Tuesday December 03, 2013 @02:15PM (#6842407)
You can use the OPT for this accelerator most likely, given it's related to your studies. What is your nationality?