Unshackled, a New Angel Fund, Forms to Back Immigrant Entrepreneurs - Venture Capital Dispatch - WSJ: Some of the U.S.’s most successful tech companies, including Intel Corp.INTC +0.80% and Google Inc.GOOGL -0.22%, have been built by immigrants, and many people who come to the U.S. aspire to work in or start tech companies. Without work visas, though, they don’t get far. A new San Francisco-based angel fund, Unshackled, which claims more than 50 individuals and funds as investors, has raised a $3.5 million fund to try to change that. Started by an immigrant, Nitin Pachisia, and the son of immigrants, Manan Mehta, Unshackled will hire entrepreneurs as employees, providing them with a paycheck, work visas and health benefits while they try to build their startups to the point where they can raise another round....(read more at the link above)
unshackled.co
Investors include First Round Capital, 500 Startups, Structure Capital, Brad Feld of Foundry Group and Techstars, AngelList founder Naval Ravikant, Palantir co-founder Joe Lonsdale, AME Cloud Ventures led by Jerry Yang, and Emerson Collective founded by Laurene Powell Jobs.
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