7 ms·
It'd be nice. But likely unfeasible politically either from a legislative or regulatory perspective. There are many problems using the H-1B even at a policy le
by HistoryInAction 12y ago
It'd be nice. But likely unfeasible politically either from a legislative or regulatory perspective.
There are many problems using the H-1B even at a policy level:
-Lottery/application in April, don't become active until October
-Doesn't work well for founders despite Aug 2011 change allowing founders to arrange their board to serve as "employer": http://www.uscis.gov/news/public-releases-topic/business-immigration/uscis-initiatives-promote-startup-enterprises-and-spur-job-creation-fact-sheet http://www.uscis.gov/news/public-releases-topic/business-imm...
-Difficult and long timeline to green card meaning startup failure often leads to a fast mandatory exit from the US, even if investors continue to believe in the founder
-Neufeld memo means that startup sponsors are treated at a high level of suspicion by USCIS bureaucrats, which results in an even longer, more time/money/effort intensive process compared to bigtech: http://www.legalactioncenter.org/sites/default/files/docs/lac/Neufeld_memorandum.pdf http://www.legalactioncenter.org/sites/default/files/docs/la...