Remove Belize Remove Conversion Remove Entrepreneur
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Why Entrepreneurs Should Look At Offshore Banking

The Startup Magazine

However, entrepreneurs should consider establishing an offshore savings account instead. The clear winners for this will be Belize and other Latin American countries. Entrepreneurs already take a lot of risks. You will also never have to worry about costly currency conversions. Greater Diversification Of Assets.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

Essentially, we got here by entrepreneurs having too much of a good thing. And because capital requirements are lower, entrepreneurs are holding onto more ownership, making it a lot easier to flip your company for less than, say, $30 million and become very rich. More cash equals more entrepreneurs who get to start companies.