It's pretty amazing to me how anti-immigrant America is, for a country built on immigration, but I suppose it's always been that way. Benjamin Franklin hated the Germans in the 1750s [1]. For perspective, Canada, a country 1/10th the size of the US, brings in 30,000 refugees each year. The US brings in 18,000. This means Canada brings in 25X the number of refugees per capita than the US does. Canada, a country 1/10th…
That's fine by me. For the vast majority of startups, the equity compensation should be considered worthless anyways.
> As it stands, 4 out of 5 H-1B holders make more than average Americans.
The average American doesn't work in a job for which an H-1B would even be permitted, so I'm not sure what this point means? I'd expect everyone in an H-1B position to be making more than the average American.
> The process of bringing in H-1Bs is already so expensive, arduous and wasteful that companies aren't going to be bringing in huge quantities of "US replacement" labor. I certainly wouldn't if I were in charge of hiring.
It's expensive, yes, but it's still a very small amount compared to their overall compensation and benefits. If your entire staff is on visas maybe you'd have a bad time, sure, but otherwise it's usually a drop in the bucket.
The real joke is that H-1B is still a lottery, and in the time it takes people to get theirs, they might reconsider living somewhere else, like Canada.