71–80 of 81 posts
Good luck and have fun with that. Double up on your due diligence there, as lies abound and there are no rules.
The recent explosion in investment activity likely indicates this is no longer the case (although you may have to learn some different rules).
Earlier quoted context omitted.
What is a green card worth without a job? I had a green card but could not get a job in the US. Cheers from China. They actually DO need people here.
What was your area? You got a green card from previous us work or your spouse got one I suppose.
Earlier quoted context omitted.
What country, at least specify in US or out of US. I can't even speculate. Tear down the idea of giving green cards, you mean that people out of the us with ms/phd are not so good. Support the idea of giving green cards, the existing ones in the us are good, the bad ones left? Sorry, can't parse it. :-)
I don't know what you are even trying to say. I live in a third-world country and every single ms/phd I have met were nothing but incompetent. Edit: I don't know why you are downvoting this but in this country most degrees are bought with money and the ones earned without bribery are earned in an environment where expectations from students are a lot lower than, say, in US.
It just occurred to me that VC spending on the next big thing (usually a try at monopolization by appifization) in a way is a DDoS on the governmental oversight and by extension on the society. Governments may be too slow to react to properly enforce old laws or to create new ones to also cover new grounds. That gap allows companies to rise and profit, but many times at the expense of the society. Governments will pr…
The overwhelming majority of societal harm is inflicted by old, regulated industries like manufacturing, agriculture, healthcare, and retail. Tech-bashing has recently become fashionable as people realized it’s a cheap and easy route to feeling self-righteous, but from a harm-to-society perspective “appification” barely deserves a moment’s consideration.
If we let it, we will just repeat out failures from the past, when harmful-today industries barely deserved a moment's consideration from a harm-to-society perspective. It just sounds like an appeal to worse problems.
Also is it that strange to see tech-bashing on a tech news site?
I was walking around my home town recently. It's more than doubled since I left in 2002. Most of the new housing was built as new, dense (10-20 stories) suburbs. Th urban architecture is not bad. Decent green spaces, so that buildings open into "garden paths" rather than streets. You can get between places using green pedestrian walkways. Conveniently located schools & creches. Most of the parking is underground. The…
Where is your home town?
Earlier quoted context omitted.
What was your area? You got a green card from previous us work or your spouse got one I suppose.
Nanotech I won the lottery while doing my PhD in the US. PhD was really a good time but I should basically have left immediately after I finished. Total waste of time afterwards.
This is exactly why merit based legal immigration would push US back into the pole position, if it was done right. Lottery green card is basically a new way of excluding people from China and India from immigration, in the name of diversity.
Current situation for high skilled immigrants from India in US, is basically to cross the border to Canada, with it's amazing Express Entry scheme, which treats all immigrants the same, and evaluates each one based on the same scale (of education qualifications and work experience). Unlike the US, Canadian high skilled immigration rules don't discriminate based on country of birth!
My guess: In 10 years, Canada will be giving the US a tough competition for global VC spend
Skate to where the puck is going to be...... :)
I was walking around my home town recently. It's more than doubled since I left in 2002. Most of the new housing was built as new, dense (10-20 stories) suburbs. Th urban architecture is not bad. Decent green spaces, so that buildings open into "garden paths" rather than streets. You can get between places using green pedestrian walkways. Conveniently located schools & creches. Most of the parking is underground. The…
> My long winded point is that maybe it's time to "pick winners" in financial markets, subsidizing or penalising certain types of capital markets over others. Who gets to pick the winners? Why should those people benefit and others lose? How do you prevent the massive corruption? And why is it time now, not 10 or 50 years ago or 10 years in the future?
It's time now for small businesses because small businesses are now at a massive disadvantage relative to large institutions, for reasons that are unrelated to underlying economics.
It's time now for the VC market, because VC capital is an essential ingredient for making the next generation of companies. If you looked at your major companies in 1978, there aren't many that needed VC to exist in order to be. If you go through the exercise now, you will find that a decent portion of your economy may have hinged on closing a few small (in financial markets terms) on getting funded by VCs at some point.
The liberal purist would probably argue that the availability of VC money is directly proportional to the potential returns to that money, which is in turn proportional to the value to the economy.
I'm agnostic about this in abstract terms. It might be true. In practice though, I think it isn't true. The financial market are limited by, but not shaped by economics. They exist almost outside the economy. That's why we have financial bubbles.
Many thanks to the lopsided high skilled immigration rules, combined with China focused VCs, a lot of reverse brain drain to China has lead to this. Imagine if every Masters or a PhD grad was given a green card. US would still have been a leader in tech (at least wrt VC spending metric)
The number of Chinese students staying in the US after graduation has been relatively steady for the last 10 years; the number of Chinese students coming to the US, in contrast, has exploded, pushing the stay percentage down.
Instead of spending time on the product, or building a team, you have to waste time with idiotic immigration laws that were not written keeping the current tech jobs in mind.
So, even if you see an Indian or a Chinese grad stay back in the US, there's very little chance that they end up being entrepreneurs funded by VCs (unless they are from the top 10 universities in the US and started on their venture well before graduating). Not sure about China, but there are quite a few examples of Indian nationals fed up with US immigration laws, going back to India and startup a VC backed tech product company, valued over $100 million.
Many thanks to the lopsided high skilled immigration rules, combined with China focused VCs, a lot of reverse brain drain to China has lead to this. Imagine if every Masters or a PhD grad was given a green card. US would still have been a leader in tech (at least wrt VC spending metric)
Pillpack's founder trying to ensure that he can keep the engineer: http://vdc.umb.edu/2018/07/04/can-you-help-our-friend-elliot...
Pillpack was bought by Amazon for ~ $1 billion.
sad part is, even a founder who is a US Citizen, has to waste copious amounts of time navigating these idiotic frustrating US immigration rules, because the star engineer they have is an immigrant.
Earlier quoted context omitted.
Nanotech I won the lottery while doing my PhD in the US. PhD was really a good time but I should basically have left immediately after I finished. Total waste of time afterwards.
Curious: were you born in China and still eligible for the lottery? I thought Nanotech was a much coveted field to be in This is exactly why merit based legal immigration would push US back into the pole position, if it was done right. Lottery green card is basically a new way of excluding people from China and India from immigration, in the name of diversity. Current situation for high skilled immigrants from India…
"I thought Nanotech was a much coveted field to be in" Me too, but as mentioned before, Ideas are like hemorrhoids. This was mine.
Not sure why. Wrong time. Wrong coast. Bad luck. I had an interview at Agilent. They had 500 applicants. You needed to have a PhD or MBA or both. I was among the last three candidates and they congratulated me, "you got the job". Then they axed the job. There was just a curse on me. Really don't want to think back about that time. Started over in China with nothing. Was basically an illegal immigrant there.