Hiring a first employee in another country requires an entity before payroll and most founders learn that late

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Cross-border data rules decide where a startup can host customer records Immigration rules set how many founders a startup city can import each year Tax treatment of stock options determines whether a startup can pay engineers in equity at all Personal bankruptcy rules decide how many people in a country are willing to try a second company A culture that punishes failure keeps the bankruptcy rate low and the startup rate lower Registering a company in eleven days instead of ninety changes who can afford to start one Diaspora networks are the cheapest market research a founder can access before entering a new country Startup cultures that reward speed in one country read as recklessness in another Launching in three countries at once triples the support burden while revenue arrives from one The university in town supplies interns for a decade before it supplies a single founder