Based on the contrast between their FAQ & the title, it looks like they are technically allowing "anyone with authorization in the US", and in practice discriminating like crazy. Otherwise, what exactly is the point of this?
Ironically, it'd probably be legal if structured as an actual VC / angel firm plus coworking, but "If selected, join Unshackled as employees" makes it subject to employment law.
The dual employee / investment model seems loaded with conflicts of interest on both ends. The only way it makes sense is if you need to be an employee for immigration purposes.
But it is supposed to be a company that is helping immigrants who want to start companies but can't due to legal reasons. That is massive pool of very hard working people, who are moving mountains else where for pennies. If you can direct the same monumental effort towards something more constructive, that would be a lot more profitable. Hence tapping into that talent pool.
But if you had an idea to build the next Google, Twitter or Facebook, I guess they would be more than willing to listen.
But then if you truly had such an idea, and are a US citizen why would you need them?
Ironically, it'd probably be legal if structured as an actual VC / angel firm plus coworking, but "If selected, join Unshackled as employees" makes it subject to employment law.
The dual employee / investment model seems loaded with conflicts of interest on both ends. The only way it makes sense is if you need to be an employee for immigration purposes.