Tesla closes Shanghai Gigafactory for two days as Covid cases spike in China
March 19, 2022
Volta Labs grabs $20 million to address a growing genomics bottleneck
March 21, 2022
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Hello and welcome to Daily Crunch for Wednesday, March 16, 2022! Oh boy do we have a lot coming down the pike. Our Austin City Spotlight event just dropped its speaker lineup! We are going to have Cruise and Motional at our Mobility Session! And the very upcoming Early Stage event will feature Atomic’s Hadley Wilkins talking about building brands! – Alex
Tiger is investing in Africa, TechCrunch reports, digging into the hyper-active capital disburser’s 2021 results. The group made five investments in Africa last year out of more than 300. A good question is whether that ratio will rise in 2022, and, if so, how much? (And speaking of Tiger, the Equity podcast took a look at the group earlier this week!)
Yesterday, TechCrunch noted that Chinese tech stocks had taken a lengthy hammering, leading to their valuations falling sharply. What would the impact of those declines be on the country’s startup market? Well, we got a little hint of that in early Q1 2022 venture capital data from China. But today, the country looked to calm the market and bring back some investor trust. Is the move too late?
Dear Sophie,
I live in India and run a startup here, but most of my clients are based in the United States. I also have a Delaware C Corp we established before the pandemic. We have three full-time contractors doing business development and sales in the U.S., and I still have a valid B-1/B-2 visitor visa.
As my company continues to grow, I’m considering coming to the U.S. with my family and purchasing a home. What are my best options?
—Intrepid in India
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)
Dear Sophie: Is there an easier route to L-1As and STEM O-1As?
