The International Advantage

International entrepreneurs can now raise funds without being in the US, bringing unique perspectives that matter more than physical location. The fundraising landscape has shifted significantly since 2014, opening doors for founders anywhere.
Chapters
People who are coming from outside the states have an advantage nowadays because you can easily raise money without even physically being in the United States. All you need to do is be a Delaware C corp, or let me rephrase, all you need to be is an American company, not necessarily Delaware, but yeah, like for example one, one company that I'm advising right now from Ecuador, they were very worried that they needed to take a loan out from the bank in order to come to, to California and be able to stay here for a week to be able to take meetings and fundraise. And I said who, which fund has asked you for an in person meeting? And they said well no, none, but I mean we, we have to go meet them. And I say no you don't. That you can raise money. We're actually, we rage fire fundraising right now and we, we haven't been in California in a while. And so that's an advantage that you have. You, you don't need to be in the States before you raise money. And another one is that you probably understand problems that people in California do not. You probably have life experiences that have nothing to do with a day to day of somebody in California. And so you can bring a different viewpoint to the table. You can identify these problems like lack of access to the Internet. Like for example at the very beginning we, we used to pitch bridge fight and people would say but I always have access to the Internet. Yeah, but Latin America and Africa and Southeast Asia, but all you have to do is turn WI fi on like the antenna and then you have access to the Internet or if not you have your data plan. And it was so challenging to convince people that that was not a reality. It is not a, it is not a universal privilege to have access to the Internet. And so this is an example of how people coming from outside of the United States like you have that advantage, you have that advantage and you don't need to be in the states today. Which I think is the biggest difference from when we started back in2014. We had to be in California, they had to see you, they had to see if they liked you. And now you can raise two or three million dollars on a zoom.
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