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Trump administration has plan to scrap ‘startup visa’ rule

sfchronicle.com

31–40 of 333 posts

Re: Trump administration has plan to scrap ‘startup visa’ rule

#31
post #15

From the article: "To qualify for the rule, entrepreneurs would have to meet high standards. A foreigner must demonstrate that he or she will contribute to economic growth or job creation and show that a reputable investor has put at least $250,000 into the company. Under this rule, they can stay in the U.S. for 30 months, with the possibility of a 30-month extension. They cannot apply for a green card during this pe…

> They cannot apply for a green card during this period This will be a deal-breaker for over 95% of the applicants. Even though the H1B Visa is a non-immigrant visa, there was no such clause attached to it like this one. It's what enables 1000s of immigrants (like me) every year to first arrive on a non-immigrant visa and then get the employer to petition their green cards for permanent stay or eventually citizenship…

Damn.

We might actually have to start investing equally in US children of all socioeconomic classes to ensure we have enough entrepreneurs and bright minds to compete in the global economy.

EDIT: WOW, didn't think such an obvious comment would be so controversial (points are swinging up and down cyclically).

Do ya'll think we are extremely efficient at turning potential into value from all of our current citizens? Do you NOT want to do anything but fail if Trump severely fucks up immigration and our economy?

Or does it hurt your feelings to think that everything you've achieved in life wasn't 100% through your own hard work?

I'm confused.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#32

Earning a lot of money is a pretty damn good proxy for contributing to society. At the very least these people pay some taxes instead of being a drain on society.

What, exactly, do landlords contribute to society? Their assets ARE their value. Frankly, my landlord could die and the only people who would care would be the banks. All money means is that you convinced someone else to give you money at some point in life.

Having convinced someone else to give you money is usually the result of demonstrated value.

Effective asset management is valuable, just as ineffective asset management destroys value.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#33

Earlier quoted context omitted.

You're right but your overall argument is wrong for different reasons. Earning a lot of money is a good proxy for contributing to society, except not everyone makes good money all the time. I'm an immigrant and if you were to judge me based on my first few years in America, then clearly you shouldn't let me in to America. Now, at a later stage in my life, I would qualify for "startup visa" but if I wasn't already liv…

I actually completely agree, which is why I am a big fan of IQ testing for immigrants.

How disgusting.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#34

Earning a lot of money is a pretty damn good proxy for contributing to society. At the very least these people pay some taxes instead of being a drain on society.

> Earning a lot of money is a pretty damn good proxy for contributing to society.

What a weird reality tunnel you inhabit.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#35
post #15

From the article: "To qualify for the rule, entrepreneurs would have to meet high standards. A foreigner must demonstrate that he or she will contribute to economic growth or job creation and show that a reputable investor has put at least $250,000 into the company. Under this rule, they can stay in the U.S. for 30 months, with the possibility of a 30-month extension. They cannot apply for a green card during this pe…

Donny boy should spend more time seeking advice from foreign leaders and less time pushing and arm-wrestling them, one them being French president, who apparently "gets it" when it comes to the role of government in technology and innovation. France's visa programmes for tech workers and startup founders were launched this year.

http://visa.lafrenchtech.com/

Re: Trump administration has plan to scrap ‘startup visa’ rule

#36
post #32

Earlier quoted context omitted.

What, exactly, do landlords contribute to society? Their assets ARE their value. Frankly, my landlord could die and the only people who would care would be the banks. All money means is that you convinced someone else to give you money at some point in life.

Having convinced someone else to give you money is usually the result of demonstrated value. Effective asset management is valuable, just as ineffective asset management destroys value.

> Having convinced someone else to give you money is usually(^) the result of demonstrated value.

^ Except in the case of inherited assets (and titles). There is a reason the term is "land lord" after all...

Re: Trump administration has plan to scrap ‘startup visa’ rule

#37

Earlier quoted context omitted.

> They cannot apply for a green card during this period This will be a deal-breaker for over 95% of the applicants. Even though the H1B Visa is a non-immigrant visa, there was no such clause attached to it like this one. It's what enables 1000s of immigrants (like me) every year to first arrive on a non-immigrant visa and then get the employer to petition their green cards for permanent stay or eventually citizenship…

Damn. We might actually have to start investing equally in US children of all socioeconomic classes to ensure we have enough entrepreneurs and bright minds to compete in the global economy. EDIT: WOW, didn't think such an obvious comment would be so controversial (points are swinging up and down cyclically). Do ya'll think we are extremely efficient at turning potential into value from all of our current citizens? Do…

Unlikely to happen. based on both, our history of good intentions and poor execution, and the current secretary of education who's working on funneling more folks into religious schools.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#38
Vancouver, anyone?

I live in Seattle and I'm about ready to drive two hours north for my next startup. To hire the Russian programmers I'm already working with, or the folks on Kaggle I'd love to hire. The US has a completely broken scheme for visas.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#39

Earlier quoted context omitted.

I actually completely agree, which is why I am a big fan of IQ testing for immigrants.

How disgusting.

Care to elaborate? As a patriot I think it is more disgusting to have no consideration for my fellow countrymen.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#40

Earlier quoted context omitted.

You're right but your overall argument is wrong for different reasons. Earning a lot of money is a good proxy for contributing to society, except not everyone makes good money all the time. I'm an immigrant and if you were to judge me based on my first few years in America, then clearly you shouldn't let me in to America. Now, at a later stage in my life, I would qualify for "startup visa" but if I wasn't already liv…

I actually completely agree, which is why I am a big fan of IQ testing for immigrants.

May your descendants regress to the mean.
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