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Comment on Tim Ferriss Needs A Startup To Invest In

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Slightly OT when Tim says "US-based investable entities (which is easy)" how easy it really is?

Even if one incorporates in say Delaware, according to (say UK rules) a company is resident where the heart of the company is. And if I, as a director, am physically out of US (or Delaware), how can you claim your company is resident there? Nominee directors?

I believe the intent is that the business was founded in the US.

Not really. He explains what he means in the article.

- US-based companies, or companies willing to create US-based investable entities (which is easy). Shopify started in Canada, for instance.

The business can be founded anywhere as long as it has a US based entity.

Very true. Wasn't aware Shopify was started in Canada

OK so incorporated in US but paying taxes wherever in the world?

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