Dear Sophie,
I’m a software engineer currently on an H-1B. My employer sponsored me for an EB-2 green card, and my application has been approved, but I’m still waiting for a decision on my application to register for permanent residence.
I want to leave my employer and do something completely different. Can I transfer my green card to another employer in a different field and position, or should I stick it out in my current position until I receive my green card?
If I should stick it out, how long should I stay with my current employer after I receive my green card?
— Craving Change
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The TechCrunch Top 3
- Where there was once sunshine has now faded to darkness: Thousands of Solana users found their wallets were drained of collectively around $8 million, Rita and Carly write. The hack is only affecting “hot” wallets, the pair report. Industry experts say this may have been a privacy key compromise. We’re sure there will be more on this later.
- Ping finds itself in familiar territory: Ping Identity, a public enterprise identity management firm, has agreed to be acquired by the private equity firm Thoma Bravo, Ingrid reports. This is not Ping’s first exposure to PE involvement. It was majority-owned by Vista Equity, which retains a minority stake in the company. Thoma Bravo has been on a buying streak lately, also picking up both SailPoint and Anaplan this year.
- Trading places: We go back to Rita, who writes about Salesforce taking a look at its presence in China. Among the changes are the closing of its Hong Kong office and the acceleration of Salesforce’s relationship with Alibaba, which includes helping companies establish a social commerce presence.
Startups and VC
L’Attitude Ventures announced today that it has closed on its first institutional fund, raising more than $100 million from several financial services heavyweights, including a “strategic anchor investment” from JPMorgan Chase, Mary Ann reports.
Playstudios, a publicly traded mobile gaming platform and developer, is venturing into the web3 world with a new blockchain division and investment fund. The gaming entity announced a $10 million investment vehicle, Future Fund, to back companies building rewarded play options, Jacquelyn reports.
Keepin’ the startup train rollin’:
- Computer says maybeKyle reports that customer service tech company Aisera lands $90 million to automate customer service requests with the power of machine learning.
- A vault for your digital trinkets: Imagine paying millions of dollars for a JPEG of a monkey just to have it stolen from your digital wallet. Upstream’s new vault could help keep your digital treasures a bit safer, Anita reports.
- From straps to treadmill: In today’s episode of the Equity podcast, Natasha M and Alex ponder if it is time to jump on the venture treadmill for companies that have been bootstrapping so far.
- Pay $5, get paidKyle reports that startup ZayZoon charges employees $5 to get paid sooner.
- Y minimator: Citing downturns and funding climate, …read more