Finally ... hopefully it will work .. will certainly be a breather for many of us outside the US ....
Finally, a Startup Visa That Works
101–110 of 121 posts
Re: Finally, a Startup Visa That Works
#102Help me understand this? Is there a shortage of startups in the USA? Can startups (that in reality have an online-only product) not occur outside the USA? These are honest questions, I'm trying not to be biased, why come here?
I really fail to understand this line of thinking. >Is there a shortage of startups in the USA? What harm will an additional 1000 startups do, even if they fail? Fill the Whitepages and Yellowpages and make it heavy when you have to carry it inside your home? Look at the upside. Even a few successful ones(esp. big ones) can more than make up for the failures. >Can startups (that in reality have an online-only product…
To clarify, I am not anti-immigrant in the slightest. If anything I think we should give more people the chance for freedom here who are pursued politically in other countries. But I just cannot imagine anyone wanting to come to the USA if they can afford to be elsewhere.
For one example, you best not need medical care while you are here because you certainly will not be able to afford it and it will ruin your credit for life (one trip to the hospital with nothing actually done will cost several thousands of dollars). Secondly, if you wander outside of the more diverse college-towns and metro areas, it's rednecks everywhere (look up "redstate" on wikipedia http://en.wikipedia.org/wiki/File:United_States_Governors_ma... ).
My logic is if you are intelligent enough to start your own business that can take in money virtually, you are already way ahead of a vast majority of our own population and can have the best of both worlds - take our money and avoid our problems.
Re: Finally, a Startup Visa That Works
#103This is way too sensible to become true in the U.S. Next.
Re: Finally, a Startup Visa That Works
#104I hope inviting immigrants/investors will neutralize outsourcing
Re: Finally, a Startup Visa That Works
#105All 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…
My question is why this visa limiting to STEM majors only? What about business and finance majors? Aren't business students likely to start a company too?
Because we are politically powerless. This the wage for an entry-level programmer/engineer at $36,667: $30k/year salary and $20k "investment."
In contrast, the American Medical Association (AMA) restricts the number of medical schools to keep doctors' wages high.
As to why not business majors: 1. Nobody has spent decades building a propaganda base for "business major shortage" 2. Many more donors / politicians have a business major in the family to protect; relatively few have personal experience with a mysterious "STEM graduate."
Re: Finally, a Startup Visa That Works
#106Earlier quoted context omitted.
My question is why this visa limiting to STEM majors only? What about business and finance majors? Aren't business students likely to start a company too?
2 reasons: 1) The goal of the bill is to hang on to entrepreneurs who will generate new value and create new jobs. To drive "real value" you have to improve business productivity, make information accessible that wasn't accessible before, automate things that were hard to automate previously, etc. These are almost always technical accomplishments first. 2) There is an oversupply of people on the business side and an…
2) is factually incorrect:
http://www.urban.org/publications/411562.html
Or visit an Engineering Society of Detroit career fair.
Re: Finally, a Startup Visa That Works
#107I am rooting for this legislation to get approved. It would be a very big boost to many would-be entrepreneurs
Re: Finally, a Startup Visa That Works
#108Foreign 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.
Is that $100,000 per year or $100,000 over the lifetime of the business?
Re: Finally, a Startup Visa That Works
#109This is really a good thing. Especially for Europeans like me who are seeking for Silicon Valley investment the limited H-1B visa and the high demands for initial funding have been kind of a barrier hardly to be overcome. The ranges now really encourage also foreign entrepreneurs to work on their ideas and that should add some value to both parties, the entrepreneur and the US.
Re: Finally, a Startup Visa That Works
#110Earlier quoted context omitted.
Or, if you have decent product, team, traction, pitch and social proof, you can apply to Angel List, and pick up the investment. Come to the area on a tourist visa, hang out at local meetups like 106 miles or Hackers & Founders, and we'll try to get you guys plugged into the scene. Hopefully, you'll make enough connections that if and when you have to go back, you'll be able to have enough connections to raise an ang…
If only getting tourist visa was so easy for everyone =))
There's 36 countries on the Visa Waiver Program, see if you qualify:
http://travel.state.gov/visa/temp/without/without_1990.html#...
"The Visa Waiver Program (VWP) enables nationals of 36 participating countries to travel to the United States for tourism or business (visitor [B] visa purposes only) for stays of 90 days or less without obtaining a visa. The program was established to eliminate unnecessary barriers to travel, stimulating the tourism industry, and permitting the Department of State to focus consular resources in other areas. "