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H1B rejected – builds unicorn back home

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Re: H1B rejected – builds unicorn back home

#92
post #89
post #72

Earlier quoted context omitted.

The UK isn't thriving - 18% inflation, low salaries (except in the money laundering industry), bad and very expensive housing, no infrastructure investment, etc.

> no infrastructure investment I think one could say anything about UK these days, but lack of infrastructure investment? Seriously? UK compared to the US, it's like 50 years of difference. And I'd argue it's still ahead of most of the old EU, too.

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Re: H1B rejected – builds unicorn back home

#93
post #27

US immigration policies for Indian and Chinese nationals has been a blessing for their home grown tech ecosystem. There is no path to a green card or citizenship for anyone who immigrated in the last ~15 years, and the top 5% talent that used to come over by default is now working at or founding companies at home instead. This is directly correlated to the number of tech unicorns in these countries growing exponentia…

> There is no path to a green card or citizenship for anyone who immigrated

One thing I find really strange as an American, is that while our immigration system could be improved, in both China and India there is absolutely no way for a US Citizen to get permanent residency.

Not "it's really hard" or "takes a long time", but short of maybe being a billionaire or world famous athlete, a non-Chinese/Indian simply cannot permanently immigrate to these countries. It doesn't matter if you marry someone who is a Chinese/Indian citizen, doesn't matter if you have kids with them, etc there is zero possibly you will be able to immigrate to these countries.

Re: H1B rejected – builds unicorn back home

#94
post #72

Earlier quoted context omitted.

be careful generalising india because anything that one can claim, the opposite is also true. A major reason countries like the USA and the UK flourish is stability. Stability is not something india has and that is a very difficult thing to put a price on. Indian capital markets are not transparent though that is less of an issue for startups. What should be telling is the number of "Indian" startups that are registe…

The UK isn't thriving - 18% inflation, low salaries (except in the money laundering industry), bad and very expensive housing, no infrastructure investment, etc.

UK doesn't have 18% inflation, that is just a projection from Citigroup [0] (if gas prices continue to grow it will probably get there, like the rest of Europe). Inflation is at 10.1%.

I'm not sure why you say 'low salaries'. Adjusted by cost of living, salaries are not that low [1]. Median (removes those salaries from 'money laundering industries') salary in London is almost £39.7k [2]. Adjust that by cost of living, and it is higher than median income in San Francisco or NYC [3].

Infrastructure is miles better than the US. Public transport, while expensive, works quite well. The US has virtually no public transport whatsoever.

Housing and renting is expensive in every major city, it is not a problem exclusive to the UK.

[0] https://www.theguardian.com/business/2022/aug/22/uk-inflatio...

[1] https://neilkakkar.com/salary-calculator-by-city.html

[2] https://www.statista.com/statistics/416139/full-time-annual-...

[3] https://www.census.gov/quickfacts/fact/table/sanfranciscocit...

Edit: format

Re: H1B rejected – builds unicorn back home

#95
post #88

Earlier quoted context omitted.

be careful generalising india because anything that one can claim, the opposite is also true. A major reason countries like the USA and the UK flourish is stability. Stability is not something india has and that is a very difficult thing to put a price on. Indian capital markets are not transparent though that is less of an issue for startups. What should be telling is the number of "Indian" startups that are registe…

> I have to rain on your parade but there are many aspects of life in India that money cannot solve. I am no fan of the USA either but the "gun culture" thing is a strawman that doesn't affect daily life in the cities. It is certainly a problem but not a problem that many make it out to be. Be careful with the healthcare argument too. India's legal and police systems are a joke and their healthcare system is cheap bu…

> I have to disagree with both. Guns are a constant threat, even in the bluest of cities since there are Red States just a few hours of drive away (if you're not already a Blue City in a Red State which is extremely common). The threat of school shooting is very real. Kids have to go through bs "active shooter drills"... this is not the sign of a healthy society.

Sorry you are buying far too much into the news. I suspect more people are burned alive in housefires from shoddy construction in India, than die in the US to guns.

Re: H1B rejected – builds unicorn back home

#96
post #68

Earlier quoted context omitted.

Curious if you have example of racist US visa/immigration policy? There's a lot deserved criticism of current system, but can't think of anything specifically racist.

Green card quotas are based entirely on your country of birth. For example, a UK citizen can obtain a green card far, far faster than an Indian citizen. If a UK citizen and Indian citizen on an H1B visa start the Green Card process at the same time, the UK citizen will obtain permanent residency typically in 9-18 months. For the Indian applicant, who applied on same day with same visa and process, it will likely be o…

The UK is an interesting example given that it’s, effectively, the only country in Europe that cannot take part in the annual GC lottery. And even then, Northern Ireland is exempt from that.

This has got something to do with the amount of British people who are already in the US, and I expect in the case of your example, that might also have something to do with the number of Indian H1B holders.

Re: H1B rejected – builds unicorn back home

#97

This is definitely an inspiring story but isn't it an isolated data point? On average, the US has a lot of things going for it for a young software professional if he or she can navigate the immigration maze and is reasonably lucky. Might not be for everyone but for the average person, getting a cushy job in a large company might be better for stability and long term satisfaction that risking it on an attempt to crea…

That's the thing with all the interesting stories though. I'm in no way criticizing you, just thought about this for a while. If we let ourselves guided by interesting(and thus rare) stories, we are obviously setting ourselves for failure, because that's not playing the game that needs to be played.

Re: H1B rejected – builds unicorn back home

#98
post #89

Earlier quoted context omitted.

> no infrastructure investment I think one could say anything about UK these days, but lack of infrastructure investment? Seriously? UK compared to the US, it's like 50 years of difference. And I'd argue it's still ahead of most of the old EU, too.

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Get a license for what? I don't really understand the relationship between bureaucracy and buying a book... You can buy anything you like from anywhere in the world, pay your duty online, and have it delivered to your door. I did it a couple of times with DHL, Royal Mail, and never had any issues.

Re: H1B rejected – builds unicorn back home

#99

This is definitely an inspiring story but isn't it an isolated data point? On average, the US has a lot of things going for it for a young software professional if he or she can navigate the immigration maze and is reasonably lucky. Might not be for everyone but for the average person, getting a cushy job in a large company might be better for stability and long term satisfaction that risking it on an attempt to crea…

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Re: H1B rejected – builds unicorn back home

#100

Can anyone point me to how much the guy had actually earned? I feel that if he’d stayed in the US and earned Microsoft stock options he’d be much better off financially

The latest news I can find shows the company he founded was planning to IPO at a valuation of $2.5billion. If one were to assume the founder owns 10% of the company (reasonable at IPO based on what I know), he would have made about $250 million in equity. [https://www.business-standard.com/article/companies/snapdeal...]

This is in addition to about $650k annual salary in India. [https://www.zeebiz.com/companies/news-snapdeal-co-founders-k...]

This would be pretty much impossible even with a very successful career at Microsoft, short of becoming an SVP or the CEO.

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