WEBVTT - Making Immigration Cheaper & Easier

0:00:15.356 --> 0:00:24.236
<v Speaker 1>Pushkin. When we first went public with it, I received,

0:00:24.876 --> 0:00:28.116
<v Speaker 1>presumably from an attorney because they quoted law here, an

0:00:28.396 --> 0:00:33.716
<v Speaker 1>anonymous threatening letter with magazine cutouts like they think, like

0:00:33.836 --> 0:00:35.476
<v Speaker 1>eighties horror movie.

0:00:35.196 --> 0:00:38.556
<v Speaker 2>Style, like a kidnapping letter exactly.

0:00:38.196 --> 0:00:40.916
<v Speaker 1>That said like shut down your business, Like yeah, but.

0:00:41.196 --> 0:00:43.996
<v Speaker 2>You're saying this. This magazine cutout letter was like quoting

0:00:44.076 --> 0:00:45.756
<v Speaker 2>specific statutes or something.

0:00:46.196 --> 0:00:49.076
<v Speaker 1>It was talking about unauthorized practice of law in a

0:00:49.116 --> 0:00:51.596
<v Speaker 1>way that you would only do it if you were

0:00:51.596 --> 0:00:52.196
<v Speaker 1>an attorney.

0:00:52.316 --> 0:00:54.676
<v Speaker 2>Amazing. Is it framed on your wall?

0:00:55.836 --> 0:00:59.596
<v Speaker 1>Tragically during an office move, it disappeared somewhere.

0:01:04.116 --> 0:01:06.676
<v Speaker 2>I'm Jacob Goldstein and this is What's Your Problem? The

0:01:06.716 --> 0:01:08.956
<v Speaker 2>show where I talk to people who are trying to

0:01:09.436 --> 0:01:13.716
<v Speaker 2>technological progress. My guest today is Shao Wang. He's the

0:01:13.756 --> 0:01:17.276
<v Speaker 2>founder of a company called Boundless. Chao's problem is this,

0:01:17.876 --> 0:01:20.356
<v Speaker 2>how do you make it cheaper and easier for people

0:01:20.436 --> 0:01:23.316
<v Speaker 2>to deal with immigration law or to frame it in

0:01:23.316 --> 0:01:26.596
<v Speaker 2>a bigger way. How do you use technology to bring

0:01:26.636 --> 0:01:30.476
<v Speaker 2>down costs in a bureaucratic, slow moving field where, by

0:01:30.516 --> 0:01:34.716
<v Speaker 2>the way, the incumbents don't want you. Joo moved to

0:01:34.716 --> 0:01:36.996
<v Speaker 2>the US from China when he was three years old.

0:01:37.556 --> 0:01:39.956
<v Speaker 2>He grew up, and he worked a lot of places

0:01:39.996 --> 0:01:42.876
<v Speaker 2>at McKinsey and at the New York Department of Education

0:01:43.196 --> 0:01:46.676
<v Speaker 2>and at Amazon, before he ever had the idea to

0:01:46.676 --> 0:01:48.796
<v Speaker 2>try to do anything about immigration.

0:01:49.876 --> 0:01:52.916
<v Speaker 1>I had always taken it for granted that immigration is

0:01:52.956 --> 0:01:55.916
<v Speaker 1>really hard. And if you grow up, like all of

0:01:55.956 --> 0:01:59.956
<v Speaker 1>the friends, all of your circles around, everyone has their

0:01:59.996 --> 0:02:02.596
<v Speaker 1>own struggle with the immigration system. And it always becomes

0:02:02.636 --> 0:02:05.996
<v Speaker 1>a running joke around who had the toughest time, how

0:02:06.036 --> 0:02:09.476
<v Speaker 1>many hours they were stuck in some back ron room

0:02:09.516 --> 0:02:12.756
<v Speaker 1>and some concert or some airport, like the just constant

0:02:12.836 --> 0:02:17.036
<v Speaker 1>stories about the fraughtness and the turmoil of being an immigrant.

0:02:17.356 --> 0:02:20.956
<v Speaker 1>And I had always just taken for granted that that's

0:02:20.996 --> 0:02:24.196
<v Speaker 1>just the way things were, That's just life. It's like,

0:02:24.436 --> 0:02:27.276
<v Speaker 1>you know, the sun comes up. Yeah, people struggle with immigration.

0:02:27.636 --> 0:02:32.476
<v Speaker 1>And it wasn't until twenty sixteen. I'm almost ashamed to

0:02:33.196 --> 0:02:35.076
<v Speaker 1>talk about it this way, but it's like, is this

0:02:35.196 --> 0:02:38.396
<v Speaker 1>the first time, late twenty sixteen that I actually asked

0:02:38.396 --> 0:02:42.116
<v Speaker 1>a question why? Well, someone asked me the question why

0:02:42.156 --> 0:02:43.156
<v Speaker 1>is immigration so hard?

0:02:43.876 --> 0:02:45.876
<v Speaker 2>What was the context? Who asked you? That?

0:02:46.476 --> 0:02:49.116
<v Speaker 1>It was someone who is someone in their office just

0:02:49.196 --> 0:02:53.836
<v Speaker 1>went through an immigration process, foreign national married uses and

0:02:53.916 --> 0:02:56.596
<v Speaker 1>had to spend thousands and thousands of dollars on their

0:02:56.596 --> 0:03:00.476
<v Speaker 1>immigration attorney had a terrible experience, and the question was like,

0:03:00.956 --> 0:03:04.276
<v Speaker 1>why is this whole thing so hard, so expensive? And

0:03:04.316 --> 0:03:05.956
<v Speaker 1>they asked me because I was the I guess, the

0:03:06.196 --> 0:03:10.476
<v Speaker 1>most immigrant looking person in the room, and I, uh,

0:03:10.836 --> 0:03:13.316
<v Speaker 1>I said, that's a really good question. I have never

0:03:13.396 --> 0:03:16.796
<v Speaker 1>thought that as like why. And the more that I

0:03:16.876 --> 0:03:19.756
<v Speaker 1>like dug into why, like you know, you get to

0:03:19.796 --> 0:03:22.116
<v Speaker 1>the point where you just learn too much. Right. I

0:03:22.156 --> 0:03:25.716
<v Speaker 1>talked to hundreds of families, lawyers, government folks, and you

0:03:25.796 --> 0:03:28.476
<v Speaker 1>realize that, like this, this has to be solved. It

0:03:28.556 --> 0:03:31.356
<v Speaker 1>was unbelievable to me that this problem has existed for

0:03:31.476 --> 0:03:35.756
<v Speaker 1>generations in the same way where every other you know,

0:03:35.916 --> 0:03:39.996
<v Speaker 1>related field has like modernized or used data or used technology,

0:03:40.076 --> 0:03:43.036
<v Speaker 1>or become more personalized, or become more efficient, or become

0:03:43.036 --> 0:03:46.236
<v Speaker 1>more affordable or accessible, and immigration is stuck the same

0:03:46.276 --> 0:03:48.556
<v Speaker 1>way that I did it with my parents. And the

0:03:48.596 --> 0:03:51.116
<v Speaker 1>only thing that has changed in the thirty years that

0:03:51.116 --> 0:03:53.956
<v Speaker 1>I've been in this country is that there are over

0:03:54.036 --> 0:03:56.396
<v Speaker 1>five times has been the immigration attorneys. Even though the

0:03:56.436 --> 0:03:59.636
<v Speaker 1>annual number of immigrants has stayed relatively the same and

0:03:59.716 --> 0:04:02.836
<v Speaker 1>the prices have gone up, and so you put that

0:04:03.116 --> 0:04:06.196
<v Speaker 1>You're like this, I can't not do something about it.

0:04:06.636 --> 0:04:09.556
<v Speaker 2>I mean one like what you're like, how hasn't anybody

0:04:09.556 --> 0:04:13.396
<v Speaker 2>done anything about this? But like it's the government and

0:04:13.476 --> 0:04:20.236
<v Speaker 2>it's lawyers, and you know, to some extent people want

0:04:20.316 --> 0:04:24.796
<v Speaker 2>immigration to be hard, right, to some extent politically bureaucratically,

0:04:24.876 --> 0:04:27.876
<v Speaker 2>people want immigration to be hard. So it doesn't seem

0:04:27.876 --> 0:04:32.916
<v Speaker 2>to me to be an obviously solvable or addressable problem

0:04:33.076 --> 0:04:35.356
<v Speaker 2>that you're sort of setting out to solve or address.

0:04:35.916 --> 0:04:39.796
<v Speaker 1>Where were you in my life in twenty six and

0:04:39.836 --> 0:04:44.516
<v Speaker 1>it was like, by by February of twenty seventeen, I

0:04:44.556 --> 0:04:47.916
<v Speaker 1>felt like I like I had an idea, right, I

0:04:47.916 --> 0:04:50.796
<v Speaker 1>felt like, hey, we can make this more accessible that

0:04:51.196 --> 0:04:56.076
<v Speaker 1>you know, this fundamentally is an information problem, right where

0:04:56.556 --> 0:04:58.476
<v Speaker 1>you have all of these people who want to know

0:04:58.636 --> 0:05:01.836
<v Speaker 1>and want to understand immigration, wanted to operate, and then

0:05:01.876 --> 0:05:04.836
<v Speaker 1>you have only two groups of people that actually know

0:05:04.916 --> 0:05:08.276
<v Speaker 1>what to do. You have the federal government who is

0:05:08.796 --> 0:05:13.516
<v Speaker 1>again and uh make things opaque and doesn't release the information.

0:05:13.916 --> 0:05:17.476
<v Speaker 1>And then you have immigration attorneys that are financially incentivized

0:05:17.516 --> 0:05:21.836
<v Speaker 1>to be the only arbiters of this information and so

0:05:21.996 --> 0:05:26.036
<v Speaker 1>this is like you know, from someone who you know

0:05:26.116 --> 0:05:28.876
<v Speaker 1>my background, Like I tried to like transform the public

0:05:28.996 --> 0:05:31.716
<v Speaker 1>education system that has been stuck in the same way.

0:05:32.396 --> 0:05:34.516
<v Speaker 2>To be clear, you worked for the New York City

0:05:34.516 --> 0:05:36.156
<v Speaker 2>Department of ED right, that's yes.

0:05:36.636 --> 0:05:39.676
<v Speaker 1>And we launched new schools that tried different things like

0:05:40.196 --> 0:05:42.876
<v Speaker 1>making school eleven months of the year and using technology

0:05:42.916 --> 0:05:45.236
<v Speaker 1>different ways. Even at Amazon, there's like, how do we

0:05:45.356 --> 0:05:48.436
<v Speaker 1>change physical retail where we launched Amazon Go and just

0:05:48.436 --> 0:05:50.036
<v Speaker 1>work out where you can just take something and you

0:05:50.116 --> 0:05:52.316
<v Speaker 1>leave and there's no checkout Like this, in my mind

0:05:52.436 --> 0:05:55.396
<v Speaker 1>is another example of something that has been operating in

0:05:55.436 --> 0:06:00.476
<v Speaker 1>the same way for generations and there has to be

0:06:00.516 --> 0:06:02.716
<v Speaker 1>an opportunity for us to change that. And how can

0:06:02.756 --> 0:06:07.916
<v Speaker 1>I help every family you know, have the confidence and

0:06:07.996 --> 0:06:11.316
<v Speaker 1>the support and the services that you know previously were

0:06:11.316 --> 0:06:13.836
<v Speaker 1>only available to those who could pay thousands and thousands

0:06:13.916 --> 0:06:15.516
<v Speaker 1>of dollars for attorneys.

0:06:16.236 --> 0:06:19.676
<v Speaker 2>And so you have this as the like big lofty,

0:06:19.956 --> 0:06:23.956
<v Speaker 2>you know idea behind starting the company. Is there some

0:06:24.116 --> 0:06:30.996
<v Speaker 2>particular service, some particular immigration related thing that is your

0:06:31.036 --> 0:06:33.956
<v Speaker 2>sort of your wedge, your first thing you're going to try.

0:06:34.556 --> 0:06:36.396
<v Speaker 1>Yeah, So the way that I looked at it was

0:06:36.476 --> 0:06:40.556
<v Speaker 1>first it had to have a shorter timeline, right, So

0:06:40.716 --> 0:06:43.436
<v Speaker 1>I needed to be able to show that we if

0:06:43.476 --> 0:06:46.116
<v Speaker 1>you use us, it'll work. And if it takes years

0:06:46.156 --> 0:06:49.476
<v Speaker 1>for something to get reviewed and approved, then like I

0:06:49.476 --> 0:06:51.876
<v Speaker 1>don't have testimonials. Why would you trust your life to

0:06:51.956 --> 0:06:54.556
<v Speaker 1>a company that doesn't work? And then the second part

0:06:54.796 --> 0:07:00.036
<v Speaker 1>is is that it should be uncapped so we can

0:07:00.236 --> 0:07:04.076
<v Speaker 1>like you know, create and have enough market to to

0:07:04.316 --> 0:07:06.316
<v Speaker 1>create a adventure scalable business.

0:07:06.436 --> 0:07:08.396
<v Speaker 2>And so just to be clear but un kept, I

0:07:08.396 --> 0:07:11.516
<v Speaker 2>mean there are some some things like what the H

0:07:11.596 --> 0:07:14.396
<v Speaker 2>one B visa for skilled workers where the government limits

0:07:14.436 --> 0:07:16.276
<v Speaker 2>the number of people, and so you don't want to

0:07:16.316 --> 0:07:18.556
<v Speaker 2>do something with a small number of people. You want

0:07:18.556 --> 0:07:20.156
<v Speaker 2>to do something with a large number of people so

0:07:20.196 --> 0:07:23.156
<v Speaker 2>that there's a big market for your service. That's exactly yeah, okay,

0:07:23.676 --> 0:07:26.036
<v Speaker 2>and then so quick turn uncapped.

0:07:26.436 --> 0:07:30.636
<v Speaker 1>Yeah, and then folks that I can acquire affordably through

0:07:31.036 --> 0:07:33.156
<v Speaker 1>digital marketing means.

0:07:33.676 --> 0:07:36.996
<v Speaker 2>Just classic online business. You want a relatively low customer

0:07:36.996 --> 0:07:37.636
<v Speaker 2>acquisition cars.

0:07:37.756 --> 0:07:39.716
<v Speaker 1>I want to be able to find something that people

0:07:39.756 --> 0:07:42.836
<v Speaker 1>are actually searching for and are willing to like willing

0:07:42.876 --> 0:07:46.316
<v Speaker 1>to to to you know, come learn about a new

0:07:46.356 --> 0:07:49.756
<v Speaker 1>way of doing something that that that doesn't involve going

0:07:49.796 --> 0:07:52.556
<v Speaker 1>into a mahogany clad office and like handing someone in

0:07:52.556 --> 0:07:55.476
<v Speaker 1>the suit and tie all of your information. And so

0:07:55.516 --> 0:07:59.196
<v Speaker 1>the first first wedge as that we picked was was

0:07:59.196 --> 0:08:02.676
<v Speaker 1>around marriage green cards. So this is a US citizen

0:08:03.196 --> 0:08:05.556
<v Speaker 1>who has fallen in love with and gotten married to

0:08:05.676 --> 0:08:09.556
<v Speaker 1>a foreign national and now either wants to be able

0:08:09.596 --> 0:08:12.116
<v Speaker 1>to help them stay in the country or bring them

0:08:12.156 --> 0:08:12.356
<v Speaker 1>to the.

0:08:12.356 --> 0:08:15.676
<v Speaker 2>Country, okay, and get them a green card, get basically

0:08:15.716 --> 0:08:18.236
<v Speaker 2>a permanent resident status exactly.

0:08:18.636 --> 0:08:21.596
<v Speaker 1>Yeah, and it has a top priority of on what

0:08:21.756 --> 0:08:23.236
<v Speaker 1>the government reviews and.

0:08:25.516 --> 0:08:27.116
<v Speaker 2>Quickly. It means it gets done quickly.

0:08:27.476 --> 0:08:27.916
<v Speaker 1>Yeah.

0:08:28.036 --> 0:08:30.196
<v Speaker 2>There's a lot of people, lots of US citizens are

0:08:30.236 --> 0:08:32.556
<v Speaker 2>married to people who are not US citizens.

0:08:32.116 --> 0:08:34.916
<v Speaker 1>Three to four hundred thousand the year, okay.

0:08:34.996 --> 0:08:37.516
<v Speaker 2>And they're out there doing Google searches how do I

0:08:37.556 --> 0:08:38.956
<v Speaker 2>get a green card for my spouse?

0:08:39.316 --> 0:08:43.596
<v Speaker 1>Exactly to the point where you know, we were getting

0:08:44.116 --> 0:08:47.516
<v Speaker 1>paying customers, like it was such a high need that

0:08:47.556 --> 0:08:52.236
<v Speaker 1>we were getting paying customers before like our product is

0:08:52.276 --> 0:08:55.556
<v Speaker 1>even done, right, yeah.

0:08:55.636 --> 0:08:58.076
<v Speaker 2>Yeah, So what you have, like the website is up

0:08:58.116 --> 0:09:00.116
<v Speaker 2>and people are like trying to get you to get

0:09:00.156 --> 0:09:02.796
<v Speaker 2>them help them get a spouse a green card, but

0:09:02.836 --> 0:09:05.436
<v Speaker 2>you don't sort of have your act together yet or

0:09:05.436 --> 0:09:06.236
<v Speaker 2>what's going on there?

0:09:07.516 --> 0:09:09.716
<v Speaker 1>I mean embarrassingly is that like we we have the

0:09:09.756 --> 0:09:12.076
<v Speaker 1>first parts we want to learn, right, and it's like

0:09:12.156 --> 0:09:14.636
<v Speaker 1>that demantra at the time is MVP and like get

0:09:14.676 --> 0:09:19.436
<v Speaker 1>things out there, just do a thing. Yeah, And we

0:09:19.476 --> 0:09:22.396
<v Speaker 1>didn't expect people to get as far through the process

0:09:22.436 --> 0:09:25.076
<v Speaker 1>as they ended up doing, to a point where and

0:09:25.116 --> 0:09:29.996
<v Speaker 1>we've actually we actually had to like add things, you know,

0:09:30.076 --> 0:09:32.316
<v Speaker 1>in real time, as like somebody's.

0:09:31.956 --> 0:09:34.836
<v Speaker 2>Going refreshed and you're like trying to make the webs.

0:09:35.036 --> 0:09:37.436
<v Speaker 1>Like something isn't working, and so we're like making a

0:09:37.476 --> 0:09:40.076
<v Speaker 1>quick fix and they're like, hey, maybe you should refresh

0:09:40.076 --> 0:09:42.076
<v Speaker 1>your browser and see if it, you know, if it works.

0:09:42.116 --> 0:09:45.036
<v Speaker 2>And are you literally sort of building an online pathway

0:09:45.076 --> 0:09:47.236
<v Speaker 2>so they can like fill out the forms to get

0:09:47.276 --> 0:09:49.916
<v Speaker 2>a spousal green card? Is it like that real? Is

0:09:49.916 --> 0:09:50.516
<v Speaker 2>that what's happening?

0:09:51.236 --> 0:09:53.796
<v Speaker 1>I mean? The idea here is that if we can

0:09:53.836 --> 0:10:00.356
<v Speaker 1>translate complex government forms and requirements into steps that everyone

0:10:00.396 --> 0:10:04.476
<v Speaker 1>can follow and feel confident in, then you could go

0:10:04.636 --> 0:10:07.516
<v Speaker 1>end to end and be able to like get through

0:10:07.556 --> 0:10:10.636
<v Speaker 1>a process that previously took again months on your own

0:10:10.996 --> 0:10:12.436
<v Speaker 1>and do it in a couple of hours.

0:10:12.996 --> 0:10:15.676
<v Speaker 2>Uh, is there like a moment when you realize, oh,

0:10:15.716 --> 0:10:17.516
<v Speaker 2>it's actually gonna work. We're doing this.

0:10:18.596 --> 0:10:22.116
<v Speaker 1>You're you're always like holding your breath until your first approval, right,

0:10:22.196 --> 0:10:25.356
<v Speaker 1>Like when the first time the government like approves one

0:10:25.396 --> 0:10:27.836
<v Speaker 1>of your customers, you're like, yes, I have changed that

0:10:27.836 --> 0:10:29.476
<v Speaker 1>person's life. And then they you know that.

0:10:29.996 --> 0:10:31.436
<v Speaker 2>Do you remember that moment?

0:10:31.716 --> 0:10:31.956
<v Speaker 1>Yeah?

0:10:31.996 --> 0:10:33.516
<v Speaker 2>What was what was the first approval?

0:10:34.156 --> 0:10:36.516
<v Speaker 1>I mean it was this person that we have been

0:10:37.156 --> 0:10:42.516
<v Speaker 1>helping and they I distinctly remember because they, you know,

0:10:42.676 --> 0:10:46.556
<v Speaker 1>also used us for relationship therapy through this journey, right,

0:10:46.676 --> 0:10:50.116
<v Speaker 1>and like, yeah, they call us and gives us updates

0:10:50.116 --> 0:10:52.396
<v Speaker 1>about their life. And then we're all waiting because the

0:10:52.396 --> 0:10:55.316
<v Speaker 1>government you don't know how long the government process takes,

0:10:56.036 --> 0:10:58.556
<v Speaker 1>and you're just going along this journey with them. And

0:10:58.596 --> 0:11:01.396
<v Speaker 1>then finally when they when they are approved, that it's

0:11:01.436 --> 0:11:03.956
<v Speaker 1>just this huge moment of relief. We had this gong

0:11:04.676 --> 0:11:08.676
<v Speaker 1>in the office where it was it was a gift

0:11:08.716 --> 0:11:13.596
<v Speaker 1>from from an investor that we designated that we'll only

0:11:13.676 --> 0:11:17.636
<v Speaker 1>hit this, you know, when when someone finally gets approved,

0:11:18.476 --> 0:11:20.796
<v Speaker 1>and so it was it was a huge moment when

0:11:20.796 --> 0:11:25.036
<v Speaker 1>we were able to hit that gone and when was

0:11:25.076 --> 0:11:30.636
<v Speaker 1>that that was it would be late. We released our

0:11:30.756 --> 0:11:35.076
<v Speaker 1>product late twenty seventeen, and so this would be middle

0:11:35.116 --> 0:11:38.156
<v Speaker 1>of twenty eighteen because when we got the first one.

0:11:37.916 --> 0:11:40.196
<v Speaker 2>So it was it was five years ago that you

0:11:40.716 --> 0:11:44.356
<v Speaker 2>basically helped your first customer, right, Like how many people

0:11:44.436 --> 0:11:47.476
<v Speaker 2>now have you helped get Green cards, visas?

0:11:47.516 --> 0:11:50.076
<v Speaker 1>Whatever? Yeah, so we're coming up to our one hundred

0:11:50.116 --> 0:11:52.116
<v Speaker 1>thousand customer.

0:11:52.996 --> 0:11:55.676
<v Speaker 2>Okay, so it worked, it's working. So that's what we're

0:11:55.876 --> 0:11:58.636
<v Speaker 2>used just so we can get a sense, like, how

0:11:58.716 --> 0:12:02.316
<v Speaker 2>is what you offer different than what an immigration attorney offers.

0:12:02.716 --> 0:12:06.636
<v Speaker 1>I think it's there are three three areas, and I

0:12:06.636 --> 0:12:12.276
<v Speaker 1>think we are just better. It'll be blunt. Yeah. The

0:12:12.356 --> 0:12:15.556
<v Speaker 1>first is the accessibility part. Right, we are one third

0:12:15.836 --> 0:12:19.476
<v Speaker 1>one fifth the price of traditional immigration attorneys and.

0:12:19.476 --> 0:12:21.636
<v Speaker 2>So to a fifth the price. So by accessibility, I

0:12:21.636 --> 0:12:22.556
<v Speaker 2>mean it's just cheaper.

0:12:23.276 --> 0:12:24.636
<v Speaker 1>It's far more affordable.

0:12:24.956 --> 0:12:28.116
<v Speaker 2>I love cheaper, yeah.

0:12:27.076 --> 0:12:31.076
<v Speaker 1>For families, and you know, we offer a you know,

0:12:31.196 --> 0:12:35.316
<v Speaker 1>no credit check payment plan solution, so like people can

0:12:35.436 --> 0:12:38.716
<v Speaker 1>also pay it over time, which they can't get access

0:12:38.796 --> 0:12:40.956
<v Speaker 1>to for a lot of our families with you know,

0:12:40.956 --> 0:12:43.436
<v Speaker 1>no credit history in the US and everything like anywhere else.

0:12:44.836 --> 0:12:48.636
<v Speaker 1>The second part is that you know we have this.

0:12:48.796 --> 0:12:51.356
<v Speaker 1>We have a ninety nine point nine to seven percent

0:12:51.396 --> 0:12:54.716
<v Speaker 1>approval rate over close to one hundred thousand applications, so

0:12:54.756 --> 0:12:58.596
<v Speaker 1>we have a lot more insights into what works and

0:12:58.636 --> 0:13:01.756
<v Speaker 1>how it works and what the government is looking for, uh,

0:13:01.836 --> 0:13:05.196
<v Speaker 1>and and are able to to to to translate that

0:13:05.316 --> 0:13:08.756
<v Speaker 1>back and give those benefits back to our customers. And

0:13:08.796 --> 0:13:13.796
<v Speaker 1>then the third is that you know we adapt to you.

0:13:14.436 --> 0:13:17.356
<v Speaker 1>Unlike with the traditional attorney, we will operate at the

0:13:17.436 --> 0:13:18.676
<v Speaker 1>speed that you operate at.

0:13:19.236 --> 0:13:22.836
<v Speaker 2>So presumably it's cheaper in large part because your costs

0:13:22.876 --> 0:13:25.756
<v Speaker 2>are a lot lower, because it's more efficient because what

0:13:26.116 --> 0:13:28.556
<v Speaker 2>I mean, I imagine you don't always have to have

0:13:28.596 --> 0:13:29.796
<v Speaker 2>an attorney, is that right?

0:13:29.956 --> 0:13:34.196
<v Speaker 1>You know? When we first started, I was a persona

0:13:34.316 --> 0:13:38.916
<v Speaker 1>non grata at like the Association of Immigration Lawyer's Association.

0:13:40.156 --> 0:13:43.556
<v Speaker 2>I mean, you're you're you're undercutting them, like you're you're

0:13:43.596 --> 0:13:46.076
<v Speaker 2>coming for their business, like your business is to come

0:13:46.076 --> 0:13:48.756
<v Speaker 2>for their their margin is your opportunity to quote your

0:13:48.796 --> 0:13:49.436
<v Speaker 2>old boss.

0:13:49.716 --> 0:13:55.316
<v Speaker 1>Yeah. So, uh, when we first went public with it,

0:13:55.436 --> 0:13:59.516
<v Speaker 1>I received, presumably from an attorney because they quoted law here,

0:13:59.876 --> 0:14:05.516
<v Speaker 1>an anonymous threatening letter with magazine cutouts like they think

0:14:05.556 --> 0:14:09.876
<v Speaker 1>like a horror movies. Exactly, that's it, like shut down

0:14:09.916 --> 0:14:10.756
<v Speaker 1>your business.

0:14:10.836 --> 0:14:14.396
<v Speaker 2>Like yeah, but you're saying this this magazine cutout letter

0:14:14.476 --> 0:14:17.076
<v Speaker 2>was like quoting specific statutes or something.

0:14:17.516 --> 0:14:20.396
<v Speaker 1>It was talking about unauthorized practice of law in a

0:14:20.436 --> 0:14:23.276
<v Speaker 1>way that you would only do it if you're amazing.

0:14:23.596 --> 0:14:24.956
<v Speaker 2>Is it framed on your wall?

0:14:26.156 --> 0:14:30.636
<v Speaker 1>Tragically during an office move, it disappeared somewhere, and I'm

0:14:30.636 --> 0:14:34.196
<v Speaker 1>hoping I can find it in the box. So but

0:14:34.196 --> 0:14:37.276
<v Speaker 1>but now I actually I'm not only on their advisory board,

0:14:37.356 --> 0:14:41.676
<v Speaker 1>but I give presentations every year to their membership about

0:14:41.716 --> 0:14:46.276
<v Speaker 1>the future of immigration law. Because ultimately, the goal here

0:14:46.356 --> 0:14:49.316
<v Speaker 1>is not to eliminate the attorney. The attorneys like do

0:14:49.436 --> 0:14:53.476
<v Speaker 1>some really great work to help help families and help

0:14:54.236 --> 0:14:57.356
<v Speaker 1>the system. The goal is to like take out all

0:14:57.396 --> 0:14:59.796
<v Speaker 1>of the work that you don't need an attorney for

0:15:00.316 --> 0:15:01.916
<v Speaker 1>and not have an attorney do it.

0:15:02.276 --> 0:15:05.876
<v Speaker 2>This is a classic automation story, right, I mean, this is,

0:15:06.396 --> 0:15:10.356
<v Speaker 2>you know, the automated spreadsheet, not putting accountants out of business,

0:15:10.356 --> 0:15:12.516
<v Speaker 2>but meaning they don't have to like add columns of

0:15:12.596 --> 0:15:13.316
<v Speaker 2>numbers anymore.

0:15:13.436 --> 0:15:14.996
<v Speaker 1>Right Exactly.

0:15:17.956 --> 0:15:20.636
<v Speaker 2>After the break the next problem Shao is trying to

0:15:20.676 --> 0:15:32.316
<v Speaker 2>solve that Bountless. Now back to the show. So Shao

0:15:32.436 --> 0:15:34.876
<v Speaker 2>got that threatening letter back when Boundless launched, and I

0:15:34.916 --> 0:15:39.076
<v Speaker 2>asked him, what about now? Are lawyers still mad at Boundless? Now?

0:15:39.716 --> 0:15:45.156
<v Speaker 1>I mean, at its core, the message has always been that, like,

0:15:45.276 --> 0:15:48.556
<v Speaker 1>if you use services like ours, they're not the traditional

0:15:48.636 --> 0:15:52.236
<v Speaker 1>law firm, you are putting yourself at risk because you

0:15:52.276 --> 0:15:56.756
<v Speaker 1>are potentially, you know, increasing your risk of getting bad

0:15:56.836 --> 0:16:01.796
<v Speaker 1>advice or getting bad outcomes. Yeah, and my counter point

0:16:01.796 --> 0:16:03.876
<v Speaker 1>to that is that we have done more cases in

0:16:03.996 --> 0:16:06.876
<v Speaker 1>any single law firm in our category, and we have

0:16:07.036 --> 0:16:12.836
<v Speaker 1>fantastic outcomes. Yeah, compelling carry some weight, I guess. Yeah.

0:16:13.076 --> 0:16:16.116
<v Speaker 2>You've cited this figure of like over ninety nine percent success,

0:16:16.196 --> 0:16:19.796
<v Speaker 2>which is a very striking figure, and I mean it

0:16:19.836 --> 0:16:21.756
<v Speaker 2>makes me wonder like, is part of the key to

0:16:21.796 --> 0:16:24.356
<v Speaker 2>that telling people when not to apply. I feel like

0:16:24.476 --> 0:16:26.716
<v Speaker 2>the way you get to ninety nine percent success is

0:16:27.156 --> 0:16:29.356
<v Speaker 2>tell people not to apply if you don't think they're going.

0:16:29.276 --> 0:16:32.756
<v Speaker 1>To get it. But I think that that's very valuable.

0:16:32.556 --> 0:16:34.356
<v Speaker 2>So the interest thing is not valuable.

0:16:34.436 --> 0:16:38.356
<v Speaker 1>We have we do have very clear eligibility criteria, and

0:16:38.436 --> 0:16:41.076
<v Speaker 1>we base it off of what government publishes, and we

0:16:41.156 --> 0:16:43.276
<v Speaker 1>base it off of the data that we've collected about

0:16:43.316 --> 0:16:46.476
<v Speaker 1>how the government treats cases. So I'll give you an example. Like,

0:16:46.836 --> 0:16:49.676
<v Speaker 1>you know, before a government asks for you know, one

0:16:49.836 --> 0:16:52.676
<v Speaker 1>year your your previous year tax returns to show your

0:16:52.756 --> 0:16:56.796
<v Speaker 1>your income eligibility for sponsor somewhere for a green card.

0:16:57.676 --> 0:17:01.076
<v Speaker 1>And what we started discovering as we're looking at our

0:17:01.116 --> 0:17:04.116
<v Speaker 1>cases is that like, if you're close to the to

0:17:04.156 --> 0:17:07.796
<v Speaker 1>the threshold, they actually want three years. And so for

0:17:07.916 --> 0:17:10.836
<v Speaker 1>some people, like if you look at the last three years,

0:17:10.916 --> 0:17:13.756
<v Speaker 1>it's not quite enough. And so you could you could

0:17:13.836 --> 0:17:16.076
<v Speaker 1>do You could either send it in and hope for

0:17:16.116 --> 0:17:18.956
<v Speaker 1>the best right and and you know, collect their money,

0:17:18.956 --> 0:17:21.556
<v Speaker 1>send it in cover the best, or you say, look,

0:17:21.676 --> 0:17:23.956
<v Speaker 1>you know, we actually really think you need a joint

0:17:23.956 --> 0:17:26.716
<v Speaker 1>sponsor or like a co sponsor, think of someone else

0:17:26.716 --> 0:17:29.516
<v Speaker 1>who can backstop you in order for this to be successful.

0:17:30.196 --> 0:17:33.316
<v Speaker 1>And you may be upset at us at boundless for

0:17:33.596 --> 0:17:36.956
<v Speaker 1>asking for this, but we believe in setting you up

0:17:36.996 --> 0:17:38.716
<v Speaker 1>for a positive outcome.

0:17:38.756 --> 0:17:41.276
<v Speaker 2>Is part of your business data science, like as part

0:17:41.276 --> 0:17:43.556
<v Speaker 2>of what you do, like mine your own data essentially

0:17:43.556 --> 0:17:45.796
<v Speaker 2>to try and understand the patterns of how the government acts.

0:17:46.196 --> 0:17:50.196
<v Speaker 1>Yes, and like look at the data that the government

0:17:50.276 --> 0:17:54.196
<v Speaker 1>is reporting that like they don't make it easy to understand.

0:17:54.996 --> 0:17:58.516
<v Speaker 1>Like there we published once a report that showed that

0:17:58.716 --> 0:18:02.236
<v Speaker 1>by by your zip code, your processing times for a

0:18:02.316 --> 0:18:05.996
<v Speaker 1>green carve can matter dramatically. So there's like three cities

0:18:06.036 --> 0:18:09.396
<v Speaker 1>within close proximity to each other in Florida and then

0:18:09.476 --> 0:18:13.716
<v Speaker 1>also in Texas that if you're just thirty minutes away,

0:18:13.956 --> 0:18:17.756
<v Speaker 1>you're six months faster on the processing. Wow.

0:18:18.316 --> 0:18:20.356
<v Speaker 2>And you just saw that in the data, because.

0:18:20.156 --> 0:18:22.636
<v Speaker 1>We saw this in the data, and then we like

0:18:22.956 --> 0:18:27.756
<v Speaker 1>publish it, and then the representatives of there's districts that

0:18:27.916 --> 0:18:30.356
<v Speaker 1>went to you know you sah and be like, what's

0:18:30.396 --> 0:18:35.516
<v Speaker 1>going on? And then USCS redistributed their workforce to like

0:18:35.676 --> 0:18:36.876
<v Speaker 1>even some of these things out of a.

0:18:36.836 --> 0:18:39.996
<v Speaker 2>Lot, that's a good one. That's a good one. What's

0:18:40.036 --> 0:18:42.636
<v Speaker 2>the frontier, Like, what is the thing that you're trying

0:18:42.676 --> 0:18:45.276
<v Speaker 2>to do next that you haven't figured out how to

0:18:45.276 --> 0:18:45.716
<v Speaker 2>do yet?

0:18:46.276 --> 0:18:49.436
<v Speaker 1>Yeah, Like an area a real unlock that I want

0:18:49.476 --> 0:18:51.756
<v Speaker 1>to figure out over this next year is how can

0:18:51.796 --> 0:18:58.636
<v Speaker 1>we lower the barrier to employing immigrants because fundamentally, like

0:18:58.716 --> 0:19:02.156
<v Speaker 1>all of these great talent are stuck at the you know,

0:19:02.996 --> 0:19:07.716
<v Speaker 1>Microsoft's metas, Amazons, Googles of the world and because it's

0:19:07.756 --> 0:19:09.796
<v Speaker 1>safe and because they sponsor immigrant And there's so many

0:19:09.796 --> 0:19:12.236
<v Speaker 1>small companies where you ask them in small business owners,

0:19:12.276 --> 0:19:13.916
<v Speaker 1>you're like, hey, would you would you hire an immigrant?

0:19:14.076 --> 0:19:17.476
<v Speaker 1>They're like absolutely not, not because they're anti immigrant, but

0:19:17.476 --> 0:19:19.996
<v Speaker 1>because they don't have an HR team, they don't have resources,

0:19:20.036 --> 0:19:21.116
<v Speaker 1>they don't like support.

0:19:21.396 --> 0:19:23.596
<v Speaker 2>Just to be clear, you're talking about people who are

0:19:23.596 --> 0:19:26.916
<v Speaker 2>here on work visas. It's just really hard for a

0:19:26.956 --> 0:19:29.676
<v Speaker 2>company to employ an immigrant who's here on a work visa.

0:19:29.756 --> 0:19:30.436
<v Speaker 2>It's costly.

0:19:30.756 --> 0:19:35.236
<v Speaker 1>It's perceived to be hard, and it is and costly.

0:19:35.716 --> 0:19:38.436
<v Speaker 1>And so what I want to be able to do

0:19:38.636 --> 0:19:41.276
<v Speaker 1>is take all of these loyens we figured out on

0:19:41.316 --> 0:19:45.156
<v Speaker 1>the family side around how to navigate the government process,

0:19:45.196 --> 0:19:48.796
<v Speaker 1>how to translate these forms, how to execute it effectively

0:19:48.916 --> 0:19:52.956
<v Speaker 1>and efficiently, and basically lower that barrier.

0:19:53.876 --> 0:19:58.356
<v Speaker 2>And so in that universe, the client is not the immigrant.

0:19:58.476 --> 0:20:01.076
<v Speaker 2>The client is the employer or the would be employer

0:20:01.076 --> 0:20:03.036
<v Speaker 2>who wants to hire someone here on a work visa

0:20:03.396 --> 0:20:05.876
<v Speaker 2>but just can't deal with the paperwork.

0:20:05.396 --> 0:20:09.676
<v Speaker 1>And the cost exactly. And I want to make it

0:20:09.756 --> 0:20:14.316
<v Speaker 1>so easy that it's as if you're hiring a recruiter, right,

0:20:14.676 --> 0:20:18.556
<v Speaker 1>and everyone's okay, now paying a recruiter some money to

0:20:18.996 --> 0:20:21.676
<v Speaker 1>bring you a candidate. And I imagine if it's like

0:20:21.756 --> 0:20:24.276
<v Speaker 1>that's just as much effort as it takes to actually

0:20:24.356 --> 0:20:28.876
<v Speaker 1>hire an immigrant, it would open up so much talent

0:20:30.436 --> 0:20:33.716
<v Speaker 1>and support all of these small and medium sized businesses

0:20:33.756 --> 0:20:34.996
<v Speaker 1>around the country.

0:20:35.676 --> 0:20:39.996
<v Speaker 2>What do you feel like you understand now about either

0:20:40.116 --> 0:20:43.636
<v Speaker 2>immigration or the law that you didn't when you started

0:20:43.636 --> 0:20:44.116
<v Speaker 2>a company.

0:20:45.316 --> 0:20:52.876
<v Speaker 1>I thought that immigration is a pretty clear win, and

0:20:52.916 --> 0:20:55.036
<v Speaker 1>I thought that that would be an easy sell, Like

0:20:55.076 --> 0:20:59.236
<v Speaker 1>even the concept of hey, we like, who wants bureaucracy?

0:20:59.396 --> 0:21:03.516
<v Speaker 1>No one right, who wants additional folks like held in limbo, Like,

0:21:03.916 --> 0:21:09.596
<v Speaker 1>no one who doesn't want economic prosperity. And it's amazed

0:21:09.676 --> 0:21:12.556
<v Speaker 1>me or you know that have learned in this is

0:21:12.596 --> 0:21:18.596
<v Speaker 1>that numbers don't really matter and and and it's it's

0:21:18.996 --> 0:21:22.076
<v Speaker 1>you know, kind of tragic and and disappointing obviously as

0:21:22.116 --> 0:21:24.596
<v Speaker 1>someone who you know, who studied economics. And then before

0:21:24.716 --> 0:21:27.596
<v Speaker 1>it's like, you know, like this is something that I

0:21:27.636 --> 0:21:30.396
<v Speaker 1>have been in rooms with very hard right wingers and

0:21:30.556 --> 0:21:33.596
<v Speaker 1>very hard left wingers and everyone agrees on the solution.

0:21:34.756 --> 0:21:38.716
<v Speaker 1>And and like there is a core piece of you know,

0:21:39.356 --> 0:21:43.876
<v Speaker 1>of immigration reform that the majority of people actually agree

0:21:43.916 --> 0:21:47.356
<v Speaker 1>to behind closed doors. If you have to combine you know,

0:21:47.476 --> 0:21:50.676
<v Speaker 1>DACA and codify that into the program, the H one

0:21:50.716 --> 0:21:54.316
<v Speaker 1>B and skilled immigration reform that we're talking about, you know, uh,

0:21:55.076 --> 0:21:57.356
<v Speaker 1>lifting some of the green car caps and countries and

0:21:57.396 --> 0:21:59.996
<v Speaker 1>getting people to start working sooner instead of just sitting

0:22:00.036 --> 0:22:02.836
<v Speaker 1>around waiting to be able to work. You know, uh,

0:22:03.196 --> 0:22:06.236
<v Speaker 1>you verify some sort of like way of like you know,

0:22:06.476 --> 0:22:10.796
<v Speaker 1>holding companies accountable for hiring legal documented democrats. And this

0:22:10.836 --> 0:22:14.436
<v Speaker 1>is the part that you know, I again, like I

0:22:14.516 --> 0:22:16.716
<v Speaker 1>thought that I was coming at it from a world

0:22:16.756 --> 0:22:19.396
<v Speaker 1>where like everyone should be in favor of what we're doing.

0:22:20.716 --> 0:22:25.436
<v Speaker 1>And yeah, America has this one monopoly on the world, right,

0:22:25.476 --> 0:22:29.516
<v Speaker 1>which is that people from all around the world who

0:22:29.596 --> 0:22:32.596
<v Speaker 1>wanted to create the best lives for themselves, like my

0:22:32.676 --> 0:22:36.556
<v Speaker 1>parents did, like you know, come here because of that opportunity.

0:22:37.076 --> 0:22:43.076
<v Speaker 1>And we continually, year after year actively try to you know,

0:22:43.236 --> 0:22:48.076
<v Speaker 1>diminish that that advantage that we have. And it's just

0:22:51.476 --> 0:22:54.396
<v Speaker 1>it was just so surprising to me the level of

0:22:54.436 --> 0:23:01.356
<v Speaker 1>animosity towards something that should be universally like appreciated, you know,

0:23:01.636 --> 0:23:04.916
<v Speaker 1>with the appropriate nuances around it, but like it directionally

0:23:04.916 --> 0:23:09.276
<v Speaker 1>should be we should all be on the same edge.

0:23:10.036 --> 0:23:12.036
<v Speaker 2>We'll be back in a minute with the lightning round,

0:23:12.316 --> 0:23:15.836
<v Speaker 2>including what Shall learned when he sold vacuum cleaners on

0:23:15.876 --> 0:23:26.036
<v Speaker 2>commission in high school. Back to the show. Let's finish

0:23:26.036 --> 0:23:29.836
<v Speaker 2>with the lightning round, and in your case, I want

0:23:29.876 --> 0:23:32.916
<v Speaker 2>to do I want to do a lightning round about

0:23:33.076 --> 0:23:38.316
<v Speaker 2>your resume, about your employment history, because it's a really

0:23:38.436 --> 0:23:42.276
<v Speaker 2>interesting employment history, and maybe there's different ways to do it,

0:23:42.316 --> 0:23:44.716
<v Speaker 2>but let's try this. Let's try. I'm going to name

0:23:44.756 --> 0:23:46.996
<v Speaker 2>a bunch of the jobs you've held, and I want

0:23:47.036 --> 0:23:49.956
<v Speaker 2>you to tell me one thing you learned at each job.

0:23:51.476 --> 0:23:55.476
<v Speaker 2>When you were in high school, you sold vacuum cleaners

0:23:55.476 --> 0:23:58.076
<v Speaker 2>and microwaves on commission at sears.

0:23:58.636 --> 0:24:04.916
<v Speaker 1>I learn how to understand what people want. I'm a

0:24:05.196 --> 0:24:09.396
<v Speaker 1>Chinese male, sixteen year old. My customers were fifty year

0:24:09.396 --> 0:24:13.316
<v Speaker 1>old women and when I approach them, they are not

0:24:13.436 --> 0:24:18.836
<v Speaker 1>thinking this man is a savant of house cleaning. And

0:24:18.916 --> 0:24:24.356
<v Speaker 1>so how can I quickly get them to to to

0:24:24.676 --> 0:24:27.876
<v Speaker 1>tell me what they're really looking for, what problem they're

0:24:27.876 --> 0:24:30.476
<v Speaker 1>really is trying to solve, so that I can like

0:24:30.556 --> 0:24:33.716
<v Speaker 1>get them to right, you know, piece of equipment to solve.

0:24:33.756 --> 0:24:37.196
<v Speaker 1>It was something that was invaluable for me.

0:24:38.916 --> 0:24:41.356
<v Speaker 2>To be honest, I was much more interested in hearing

0:24:41.356 --> 0:24:43.716
<v Speaker 2>about your job selling vacuums at Sears than I am

0:24:43.796 --> 0:24:46.196
<v Speaker 2>in hearing about your job at mackenzie. But I'm curious,

0:24:46.356 --> 0:24:51.876
<v Speaker 2>what is one thing you learned at McKenzie.

0:24:52.156 --> 0:25:01.756
<v Speaker 1>I I learned how to maximize time. Like, you never

0:25:01.836 --> 0:25:05.156
<v Speaker 1>have enough time and there's always more to do, and

0:25:05.236 --> 0:25:07.076
<v Speaker 1>so in the world where you can never feel like

0:25:07.116 --> 0:25:09.636
<v Speaker 1>you're done with work, what is the way that you

0:25:09.676 --> 0:25:13.396
<v Speaker 1>can create time?

0:25:14.396 --> 0:25:18.316
<v Speaker 2>Can you give me one little tip of how I

0:25:18.356 --> 0:25:19.356
<v Speaker 2>can create time.

0:25:19.996 --> 0:25:25.556
<v Speaker 1>It's about letting go. And so the more that I

0:25:25.716 --> 0:25:30.076
<v Speaker 1>tapped into other resources and other folks that can work

0:25:30.116 --> 0:25:37.676
<v Speaker 1>in parallel doing something, then the less sequential waiting for

0:25:37.876 --> 0:25:39.476
<v Speaker 1>each step of the process to get done.

0:25:39.716 --> 0:25:42.956
<v Speaker 2>What's one thing you learned when you were Director of

0:25:43.036 --> 0:25:46.236
<v Speaker 2>Innovation and Design at the New York City Department of Education.

0:25:48.236 --> 0:25:52.636
<v Speaker 1>True progress doesn't care about how smart or right you

0:25:52.676 --> 0:25:53.196
<v Speaker 1>think you are.

0:25:54.596 --> 0:25:57.236
<v Speaker 2>In my mind, there this is the hot shot mckensey.

0:25:58.156 --> 0:26:00.876
<v Speaker 2>Analysts showing up at the Department of Ed ready to

0:26:00.916 --> 0:26:03.236
<v Speaker 2>solve all their problems exactly.

0:26:03.796 --> 0:26:07.076
<v Speaker 1>And I'm embarrassed right because I made a clown out

0:26:07.076 --> 0:26:09.956
<v Speaker 1>of myself in many kinds of situations because I thought

0:26:09.996 --> 0:26:12.316
<v Speaker 1>I knew the answer, and I thought, like everything that's

0:26:12.356 --> 0:26:15.516
<v Speaker 1>been doing right now is failing our kids. And while

0:26:15.596 --> 0:26:18.596
<v Speaker 1>like no one disagree with the outcomes that that, you know,

0:26:18.636 --> 0:26:25.956
<v Speaker 1>we were struggling with the way to actually get principles, parents, teachers, students,

0:26:26.836 --> 0:26:31.276
<v Speaker 1>bus drivers, you know, lunch ladies, you know, cable companies

0:26:31.516 --> 0:26:36.596
<v Speaker 1>to all actually want to help you requires more than

0:26:36.636 --> 0:26:38.796
<v Speaker 1>you thinking that you're you're you know, you have the

0:26:38.796 --> 0:26:40.676
<v Speaker 1>answer and everyone else has been screwing it up for

0:26:40.676 --> 0:26:41.196
<v Speaker 1>the whole time.

0:26:41.596 --> 0:26:43.556
<v Speaker 2>Okay, so that's the end of the sort of resume

0:26:43.636 --> 0:26:47.076
<v Speaker 2>lightning round. Now let's do a little classic style lightning round.

0:26:47.956 --> 0:26:50.596
<v Speaker 2>What is one tip for that scary moment when you're

0:26:51.036 --> 0:26:52.996
<v Speaker 2>you know, entering a country and you have to show

0:26:53.036 --> 0:26:55.436
<v Speaker 2>your passport to the customs officials or the border guard

0:26:55.516 --> 0:26:58.476
<v Speaker 2>or whatever. Do you have any professional advice for how

0:26:58.476 --> 0:26:59.916
<v Speaker 2>to deal with that interaction.

0:27:02.476 --> 0:27:07.356
<v Speaker 1>Don't lie. I don't know what gets into people where

0:27:07.436 --> 0:27:13.676
<v Speaker 1>they will just start saying things that are not totally true.

0:27:14.676 --> 0:27:17.196
<v Speaker 1>It's a you know, if you don't need to answer

0:27:17.276 --> 0:27:18.676
<v Speaker 1>more than they ask for.

0:27:19.916 --> 0:27:20.716
<v Speaker 2>Uh huh.

0:27:21.036 --> 0:27:25.156
<v Speaker 1>But don't make anything off because that gets far. It

0:27:25.316 --> 0:27:26.996
<v Speaker 1>turns into a far worse situation.

0:27:27.556 --> 0:27:30.436
<v Speaker 2>If everything goes well, what problem will you be trying

0:27:30.476 --> 0:27:32.116
<v Speaker 2>to solve in five years?

0:27:32.516 --> 0:27:37.996
<v Speaker 1>How can we make every person in the world be

0:27:38.116 --> 0:27:42.316
<v Speaker 1>able to live where they want, be with the person

0:27:42.356 --> 0:27:46.876
<v Speaker 1>they want, and achieve the life that they want.

0:27:47.676 --> 0:27:52.236
<v Speaker 2>By every person in the world in five years is audacious.

0:27:52.916 --> 0:27:56.876
<v Speaker 2>I mean, you do now offer people payment plans, right,

0:27:56.996 --> 0:27:59.916
<v Speaker 2>so you are already in the business of extending credit

0:27:59.996 --> 0:28:02.636
<v Speaker 2>to people. Do you think you might get into the

0:28:02.676 --> 0:28:03.996
<v Speaker 2>financial services business?

0:28:04.956 --> 0:28:07.476
<v Speaker 1>I want people to thrive, all right, and there's so

0:28:07.636 --> 0:28:11.356
<v Speaker 1>many barriers, like and I'm not saying this to be

0:28:11.516 --> 0:28:12.996
<v Speaker 1>like facetious anything.

0:28:13.036 --> 0:28:14.196
<v Speaker 2>It's a coy answer.

0:28:14.396 --> 0:28:17.476
<v Speaker 1>It's a coy It's like, I don't want people to

0:28:17.596 --> 0:28:22.956
<v Speaker 1>be like I want to remove every barrier possible between

0:28:23.556 --> 0:28:26.716
<v Speaker 1>you and the life that you want to achieve. I

0:28:26.756 --> 0:28:29.356
<v Speaker 1>want to help people go and live anywhere in the

0:28:29.396 --> 0:28:30.956
<v Speaker 1>world that they want. So if you can think of

0:28:30.996 --> 0:28:33.276
<v Speaker 1>that as a global like peace, I want to help

0:28:33.276 --> 0:28:37.116
<v Speaker 1>people like be able to establish themselves well in that world.

0:28:37.876 --> 0:28:40.676
<v Speaker 2>So that's that's basically financial services. If I want to

0:28:40.676 --> 0:28:44.876
<v Speaker 2>make a specific version of establish themselves, I think financial.

0:28:44.476 --> 0:28:49.476
<v Speaker 1>Services, Yeah, I think you know, healthcare, education, family based

0:28:49.476 --> 0:28:52.956
<v Speaker 1>things like yeah, I mean I pick, I pick boundless

0:28:52.956 --> 0:28:56.676
<v Speaker 1>for a reason. Right, we are not like IMMIGRATIONUS dot com.

0:28:57.076 --> 0:29:00.916
<v Speaker 2>But everything for everybody dot everything.

0:29:01.916 --> 0:29:03.916
<v Speaker 1>I feel like that's a pretty good TAM. Right.

0:29:10.756 --> 0:29:14.196
<v Speaker 2>PAM, by the way, stands for total addressable market, so

0:29:14.316 --> 0:29:17.156
<v Speaker 2>measure of how big a business could theoretically be someday,

0:29:17.596 --> 0:29:20.196
<v Speaker 2>and show here is saying unless might someday.

0:29:19.916 --> 0:29:21.116
<v Speaker 1>Be very very big.

0:29:22.636 --> 0:29:26.596
<v Speaker 2>Today's show was produced by Edith Russelo, edited by Sarah Nix,

0:29:26.756 --> 0:29:28.276
<v Speaker 2>and engineered by Amanda K.

0:29:28.476 --> 0:29:28.756
<v Speaker 1>Wall.

0:29:29.196 --> 0:29:31.716
<v Speaker 2>You can email us at problem at Pushkin dot fm,

0:29:31.836 --> 0:29:34.076
<v Speaker 2>or you can find me on Twitter at Jacob Goldstein.

0:29:34.396 --> 0:29:36.676
<v Speaker 2>I'm Jacob Goldstein, and we'll be back next week with

0:29:36.756 --> 0:29:45.036
<v Speaker 2>another episode of What's Your Problem