[bozoUser]

Great news for all the non-US budding entrepreneurs. Founders have to satisfy either of 3 criteria stated -

1. $345K from private investors.

2. $100k from govt or Federal entities.

3. partially satisfying the above criteria(up for a toss with uscis).

Some nascent YC potential companies might still loose out but nevertheless theres some glimmer of hope. Hope the rule gets published.

[_delirium]

#2 is interesting for university spinoffs, since it'd mean one way for PhD students to stay post-graduation is to get an STTR or SBIR grant for a spinoff company based on their thesis work.