Finally, a Startup Visa That Works
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Finally, a Startup Visa That Works
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Re: Finally, a Startup Visa That Works
#2Foreign entrepreneurs whose business has generated at least $100,000 in sales from the U.S.
Now that's more like it! If US consumers are sending lots of dollars out of the country, it makes sense to bring those entrepreneurs into the country and keep the dollars at home. Not all of us need funding so this proviso could help us out without having to go looking for arbitrary angel cash.
Re: Finally, a Startup Visa That Works
#3All I can say is I find category 2 -
Workers on an H-1B visa, or graduates from U.S. universities in science, technology, engineering, mathematics, or computer science—if they have an annual income of at least $30,000 or assets of at least $60,000 and have had a U.S. investor commit investment of at least $20,000 in their venture. Two years later, the startup must have created three new American jobs and either have raised over $100,000 in financing or be generating more than $100,000 in yearly revenue
on a strictly personal basis, umm, droolworthy.
Re: Finally, a Startup Visa That Works
#4I look forward to contributing to the American economy if this passes.
Re: Finally, a Startup Visa That Works
#5And just six days before YC S 2011 application deadline. Will probably encourage many people to apply.
Re: Finally, a Startup Visa That Works
#6The press release can be found here: http://kerry.senate.gov/press/release/?id=4e6a51f6-fb2b-4212...
Re: Finally, a Startup Visa That Works
#7I just WISH we had such politicians in my country. It is just mind blowing to me that a politician actually took the time to read a TC article and modify a bill accordingly.
Re: Finally, a Startup Visa That Works
#8All I can say is I find category 2 - Workers on an H-1B visa, or graduates from U.S. universities in science, technology, engineering, mathematics, or computer science—if they have an annual income of at least $30,000 or assets of at least $60,000 and have had a U.S. investor commit investment of at least $20,000 in their venture. Two years later, the startup must have created three new American jobs and either have…
Droolworthy indeed! This point completely took me by surprise. For so many of us stuck in immigration limbo, this should make taking a leap well within reach.
I was always of the opinion that there are thousands of talented could-be-entrepreneurs (grad students et al) in our own backyard who have no way to start a company. There had to be a way to make it easy for them, without reliance on employer visas and green cards.
Re: Finally, a Startup Visa That Works
#9A senator takes blogger's opinion into account and revises the legislation? That's how a democracy should work.
I'm really impressed (and the revised conditions seem very reasonable, too).
Re: Finally, a Startup Visa That Works
#10All I can say is I find category 2 - Workers on an H-1B visa, or graduates from U.S. universities in science, technology, engineering, mathematics, or computer science—if they have an annual income of at least $30,000 or assets of at least $60,000 and have had a U.S. investor commit investment of at least $20,000 in their venture. Two years later, the startup must have created three new American jobs and either have…
Great way to unlock innovation. No more of spending your 20's trying to get a green card.