2016 Report Card

2016 was quite an interesting year. While a lot of things happened over the course of the last 12 months, I will like to point out to only a few of these and specifically how I changed as a person.

The year started on a low note – instead of partying it up at some expensive hotel lounge or a bar, we decided to watch the fireworks from our study window. It turned out to be such a wonderful idea that we repeated it this NYE as well. There is something to be said about not having to spend €50-€60 on a bottle of Moët or not having to endure all the crowds. Besides, the view from our building is wonderful and the acoustics make it a wonderful experience.

We had a lot of family time this year. The highlight was the number of trips we made as a family with my parents. It began with a casual and spontaneous visit to Dubai, which was finalized over our daily FaceTime call on Christmas day. Then, after the birth of my niece in April, we flew to her home in Dallas over our summer holidays. After spending a couple weeks there, my parents flew with us to Amsterdam for a few weeks. Then, we made our annual Diwali trip to India about a month later. Then, my sister and her family visited us at Christmas. Fun times.

We also had other travels – the year started with a weekend visit to Berlin in the very first week. We went to Paris with my parents. We also drove to the Rhine river valley region, which seems to be becoming a yearly thing for us; it is just that beautiful and close to Amsterdam! We also spent my birthday in Paris, which was quite amazing as we did not use public transport at all during the entire trip and relied on walking everywhere.

That brings me to the second highlight of this year – health. I feel like I have become a completely different person compared to who I was even 2 years ago. Whereas once I was known in the family for being lazy and very ‘cool’ about everything, this year saw me transform into an energetic and rigorous personality. I can no longer sit around for more than a few minutes and can definitely not bear the pain of having to spend my weekend completely indoors. Daily morning and evening walks have become part of my daily routine, something for which I have to give the Apple Watch a lot of credit. Just this past month, I maintained my year-long streak of achieving my daily activity goals. This is amazing.

2016 also saw us go all in on exploring The Netherlands by cycles. We made a couple dozen weekend cycling trips all around the country. What started as a series of round trips from home to a nearby village called Monnickendam led us to waking up early every weekend and planning a cycling route that usually took the entire afternoon. While I joined a bike sharing plan, V resorted to buying her own bike that we took on the train. There were also unplanned adventures like flat tires in the middle of the forest that made the escapades all the more fun! There was a lot of scenery to be enjoyed along with good food, one of my favorite being this amazing ice cream shop right in the middle of nowhere.

Speaking of health, I also drastically cut down on alcohol.

I took a lot of pictures this year; about 4000. All those amazing cycling trips definitely helped. One of these days I’ll make them public, although you could still see a lot of them on Facebook.

Another big change was reading. Starting out as new habit in 2015, I currently subscribe to a few magazines and a daily business newspaper. The magazines I regularly read are The New Yorker, The Economist, and the Time magazine. Financial Times provides a good balance between general and business news from a global perspective, while not being too expensive. My daily morning routine now includes reading the daily front to back.

While I resolved to make long-form writing a persistent feature of my routine, I was unable to carry through with it. It is something that I need to ponder over a bit more as one of the motivations is to build a record and paper is not particularly a good way to attain that. On the other hand, there is a lot of credible research that ascribes mental health improvements to regularly writing your thoughts on paper.

This year, I aspired to spend a lot more time on calming down and enjoying everything the world has to offer by observing it, by zooming in and watching my world feel time’s impact. A quote from one of this year’s box office failures comes to mind –

“You’ve been given a gift, this profound connection to everything. Just look for it, and I promise you it’s there, the collateral beauty.”

V&I spent a lot of time together, from traveling to working at the same desk every day. A lot of time was spent on brainstorming new ideas, new goals in life, health, as well as the general goings on in the world. In 2016, we had crazy ideas like starting a company together to teaming up for product-market fit research work. While nothing has come out of this, yet, I think this is how good ideas and teams form.

We saw a lot of movies this year. Everything from Hollywood to Bollywood, English and Dutch, documentary to reality. There was a lot less live theater this year, something that I intend to improve in the new year.

2016 also saw V pass her Dutch integration (inburgering) exams. She is now ready to become a Dutch citizen if she chooses to go that route. What’s exceptional about this story is that she did it without taking any kind of professional classes or help, which is rare. I don’t know of anyone else who has managed to achieve this.

I made a lot of progress in simplifying my world, in getting a better understanding of how things work and how to keep myself motivated and on the path to achieving my goals. This was a year of relatively few ups and downs, and the stability helped in figuring out the changes needed to build better habits and get rid of some bad ones (carbs!).

There were a few losses and there were a few gains. The world and time plays out.

If I were to use 5 keywords for 2016, they would be:

family, travel, cycling, growth, health

The emoji for 2016 would be:

😎

My grade for 2016 is a solid A-.

Why the Founders Visa could suck

If you have been following blogs of people associated with the technology and entrepreneurship industry (yes, entrepreneurship is also an industry) with any level of intent, you MUST have heard of the Founders Visa movement. Predictably, the ‘grassroots’ effort has been gaining a lot of momentum thanks to Twitter.

The premise is that if you’re a budding entrepreneur with viable investment money on hand, you should be able to freely come to the US as a nonimmigrant to start your business. Hitherto, the only ways to come to the US without having been born here have been through a buffet of non-immigrant visas or being able to secure work in the country. The latter has always been classified as a dual-intent visa that allows you to also apply for permanent residency through employment based green cards. Notice the importance of intent. If you’re a student and you give the guy at the consulate the impression that you’re going to find a job after graduating, there are grounds to reject your non-immigrant visa.

This becomes an important issue to consider when you realize that MOST of the successful companies in the US were started by people who first came to the US on these student or other non-immigrant visas. Statistically, most successful startups are also conceptualized and governed by people in their late 20s or early 30s. Also, quite a few, if not all, entrepreneurs work for a while IN THE USA before they think, ‘Hmmm, I should start a business doing this’.

MISTAKE 1: Emphasis on intent

Now, once you’re in the USA, you complete your education from one of the top schools in the world. Even though you hardly have any American students in your Algorithms class, you are optimistic, and you get that degree. But wait, you get one more just because you love being in school. And here you are, one of the brightest people around, have a potential career, have a strong head on your shoulders, are optimistic, etc. What next? You apply for a job! Yey, right? No. Because…you’re now a potential immigrant, are suddenly a bad guy because you’re trying to reduce wages, and worst of all, you aren’t American. You are in line for a work permit.

MISTAKE 2: Treating international graduates like first time immigrants

But, before you get a work permit, you have to be worthy enough for a company to spend more than $3k on lawyer and application fees for you. On top of that, thanks to the xenophobia and immigration backlash, they have to contend with the fact that the other employees might link your getting hired to their kin losing jobs. I know it’s ass backwards, but bear with me. In the quest to get a work permit, who wins? Half of that $3k figure is actually lawyer costs. In a country where the insurance company makes more than the doctor this doesn’t surprise me one bit. Compare this to Canada, where just like healthcare, you don’t need a middleman to file your paperwork.

MISTAKE 3: Making it hard to actually get a visa

Now you have a visa, a job, and are making some money. You’re being a good non-citizen – paying more taxes than citizens (you can never avail a lot of benefits reserved for citizens), contributing to the society, making kind donations for the needy, obeying the civic laws, etc. Then, you realize that you’re actually good at what you do, and there’s a lot of sense in starting a business. Well, welcome to America! You can start a business but you cannot work for it! We like passive investment, but you cannot do anything more than putting in money. Which means, you’d have to have a full time job, worry about keeping it, all the while as you struggle to start your company and make it profitable. You have a choice – move to Canada or Chile while you’re still young or live the American H1B dream.

MISTAKE 4: Wanting the best but doing nothing to keep them here

So you eschew the idea of starting a new enterprise until you are a legal permanent residence and don’t have to worry about being employed all the time. Well, there’s an app…err I mean paperwork for that. And, if you are a citizen of China or India, you are looking at almost 6-7 years of patiently waiting before getting anything back out of that paperwork and large amounts of attorney fees. Depending on when you file for your permanent residency, you could all but forget about marrying that girl you knew back home, because she could marry you but not come back with you. Splendid.

MISTAKE 5: Making timely legal immigration some sort of a pipe dream

Once you get that ever so elusive green card, you’re fed up, tired, old, and the torture you faced has made you an immigrant hater yourself. Then, there’s the added pressure of hearing about all those successful peers that went home when there was time and made big bucks. So, what do you do with that green card? Well, you use it to help your retired parents spend the rest of their life with you here in America where you nearly got everything you wanted when you wanted.

There was a time when people actually went through all this effort, because frankly, there was no better place to work than in America. Things have changed A LOT since then. There’s a mass exodus of young non-immigrants from the US to other countries. These people came here, got educated, loved working hard, met great people, but they don’t want to toil away for a piece of paper that still wouldn’t release them from the xenophobia that they so wanted to overcome.

So, where does the Founders Visa fit in? Some say it should be an entirely new visa that looks at you as a capable entrepreneur, gives you a few years to prove it, and requires some amount of backing by established investors. If you fail, you leave the country.

Are you fricking serious? I am sure that’s so enticing.

Some argue that it should be an extension of the EB5 permanent residency category. The category that lets you come to the US, no holds barred, for a mere amount of $1,000,000 ($500,000 through a rural investment). That’s really it. Invest that amount of money and you’re guaranteed a happy retirement in the United States of America! All it takes is 2 months of paperwork and lawyer fees. Splendid again.

You know why the Founders Visa proposal sucks?

IT IS STILL A VISA AT THE END OF THE DAY

You are not inviting any talented people to the country by making such an entry conditional on their being successful. Are you serious? Do you ever go out during the day? Do you have a social life? How do you explain the pressure on these entrepreneurs who have to compete with undocumented immigrants (who, by the way have it way way easier)?

How many entrepreneurs would come to the US just to take a risk when Canada would simply look at their education and give them a permanent resident status? Do you think they would leave their families behind?

More importantly – How do you define success?

The Founders Visa suffers from all the mistakes mentioned above. Congratulations, you didn’t provide any solution.

IT IS STILL A VISA

Addendum: I realized later that my post might come across as starting off with the mistakes in the new proposal. That is not true. The main reason I list the problems with the current policies is that I believe they should be addressed before we start baking a second layer of our cake. Also, I believe that if the intent of the visa is to attract people who have never been to the US before, the facts that it is still a temporary permit and that it banks heavily on the beneficiary being successful are also the flaws of the proposal.

If the intent is to keep the bright people from leaving, then the mistakes listed need to be addressed. There’s just too much hard work involved in being successful, and the headache of worrying about a stable US presence just makes the proposal not worth it.