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suken

I totally agree with you. We do have some unpaid interns who are getting good learning experience. We are in process of getting a contractor on board to help us take our coding responsibilities. I do like the idea of travelling to foreign destination for business trip.
Thanks for your response, I did a lot of digging but couldn't find a proper answer. B1 might be a better option compared to O1. For O1, company needs an investment from an investor or group of investor plus there are lot of other complications to get approval (Good lawyers can get around those complication). Do you happen to know any one else using any VISA's other then O1 and B1 to come on YCombinator?
When I spoke with the lawyer, he mentioned we can open it but being on H1B, founders cannot work on it unless LLC sponsors H1B visa. We have hired some unpaid interns to work on the product and a director to manage our company. We are kind of Non Managing founders

Ask HN: Legal Options for a H1B founder to participate in Y Combinator

What are some of the legal hacks for H1B founders to participate in YCombinator program or similar Accelerator/Incubator?- Both Founders are on H1B. - Established a LLC (Online forum responses seems divided on whether some on H1B can open a LLC or not. Responses were more inclined toward H1B person legally cannot open LLC, but never the less we decided to jump and create one.) - LLC is not...

( Read More... | 8 comments | 4 points | on HN )