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Trump administration has plan to scrap ‘startup visa’ rule

sfchronicle.com

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Re: Trump administration has plan to scrap ‘startup visa’ rule

#131

Post by Florin_Andrei »

pilsetnieks wrote: post #46
Warvick wrote: post #23

Earlier quoted context omitted.

I only wondered why US will not open up to the countries, that are known for being safe, with well educated and easy to integrate citizens. US is opening its borders to rich countries instead of opening to safe bets to grab some tech talent. There are numerous countries that fit this profile. The majority of Central/Eastern Europe, few Asian and South American countries, even with Africa having some. Instead, they ex…

Because "losing jobs to foreigners" is a political nightmare, especially to the current administration, whose base cares for something like that.

> Sharoon Thomas until recently ran his e-commerce software startup, Fulfil.io, from an office on Castro Street in Mountain View. The international entrepreneur rule — or any visa tailored toward entrepreneurs — would have helped him stay in the U.S., he said. Instead, Thomas is moving the company to Canada, which he said has more relaxed visa rules.

Well, that will surely make america bigly again.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#132

Post by bitL »

marcell wrote: post #15

From the article: "To qualify for the rule, entrepreneurs would have to meet high standards. A foreigner must demonstrate that he or she will contribute to economic growth or job creation and show that a reputable investor has put at least $250,000 into the company. Under this rule, they can stay in the U.S. for 30 months, with the possibility of a 30-month extension. They cannot apply for a green card during this pe…

You don't need to be present in the US to run a company there (LLC, C-Corp), so frankly I am not sure it would be a big deal.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#133

Post by Retric »

cakedoggie wrote: post #128
Retric wrote: post #121

Earlier quoted context omitted.

That somewhat depends on what you consider education spending. We waste ridiculous amounts of money doing things only tangentially related to education. Median teacher salary in the US public schools = $57,200. And 50.4 million students attend public elementary and secondary schools combine. Teacher student ratio is nominally 16.1 so ~3.5k* per student. However, the total spending per student is actually ~$12.7k core…

What a strange comment. Of course the costs of an education don't just include the teachers salary.

Yea, it might not have been clear.

I just mean there is a sliding scale where you can include a school nurse as education spending or healthcare spending and countries don't always slice stuff the same way. Is reduced cost lunches welfare or education, how about subsidized school supplies?

Re: Trump administration has plan to scrap ‘startup visa’ rule

#134

Post by marcell »

muninn_ wrote: post #41
marcell wrote: post #15

From the article: "To qualify for the rule, entrepreneurs would have to meet high standards. A foreigner must demonstrate that he or she will contribute to economic growth or job creation and show that a reputable investor has put at least $250,000 into the company. Under this rule, they can stay in the U.S. for 30 months, with the possibility of a 30-month extension. They cannot apply for a green card during this pe…

> I'm 100% in favor of increasing all immigration to the USA Why? What's wrong with the current level?

If you're American:

1. People contribute to the economy. More people means the economy grows faster.

2. Lots of people would come to USA if it was easier for them to do so.

Of course if you are China or other USA competitor, you want low USA immigration, so that people stay in your country, and grow your economy instead.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#135

Post by zajd »

giarc wrote: post #115
pavlov wrote: post #102

I asked this very question on HN in November 2016: will the "startup visa" survive? Commenters thought that Trump wouldn't interfere with it: https://news.ycombinator.com/item?id=12931943 This is a solid reminder that the Trump administration is showing itself to be mostly concerned with undoing anything that Obama did, rather than working for anyone's benefit. You can't apply logic to predict the actions of these pe…

I'm not an American but as an outsider it's so odd to see the anti-Obama stance this government is taking. Look at the US economy coming out of 2008. From my perspective it's done quite well. Unemployment has gone from 10% to 4%, GDP has climbed. S&P and US stocks in general have done exceptionally well. It seems like whatever Obama did was working. Do the Republicans think they can do better? Why not just ride their…

The problem is that most people (ie voters) have not seen things get better. Wages are not keeping up with cost of living. Things are stabilized for the upper echelons of America, but the lower income/wealth individuals (a majority of Americans) are getting left behind. By both parties. So you're always going to have a huge portion during each election that just wants a "change" in the hope it will finally make things better for them. Spoiler alert, it won't.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#136

Post by 4msonny »

atomi wrote: post #97
muninn_ wrote: post #41

Earlier quoted context omitted.

> I'm 100% in favor of increasing all immigration to the USA Why? What's wrong with the current level?

China is of comparable size to the US and has a population of nearly 1.4 billion people. We need the best here if we plan on staying a global superpower. It's incredible what is happening. It's like watching a slow moving train wreck and there is nothing we can do to stop it. :/

We do not necessarily need the best to "come" here from somewhere else, we just need to (again) invest in our own children (like China?) to make sure we remain the best and the most powerful.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#137

Post by alva »

Warvick wrote: post #23
marcell wrote: post #15

From the article: "To qualify for the rule, entrepreneurs would have to meet high standards. A foreigner must demonstrate that he or she will contribute to economic growth or job creation and show that a reputable investor has put at least $250,000 into the company. Under this rule, they can stay in the U.S. for 30 months, with the possibility of a 30-month extension. They cannot apply for a green card during this pe…

I only wondered why US will not open up to the countries, that are known for being safe, with well educated and easy to integrate citizens. US is opening its borders to rich countries instead of opening to safe bets to grab some tech talent. There are numerous countries that fit this profile. The majority of Central/Eastern Europe, few Asian and South American countries, even with Africa having some. Instead, they ex…

It is quite a puzzle. I have spent some time thinking about it however the only solution I reach seems conspiratorial.

To me, it seems obvious that every financially successful (through merit or otherwise) and well educated person you can draw into your country, the better. If such a person makes your country home, the likely-hood of them contributing to the economy is high.

Despite this, emigrating to the US from Western Europe is extremely arduous. Either you are transferred via a multinational facing high competition for the place or you enter the lottery alongside others who won't necessarily contribute as much as you are able to.

The incentive for a nation such as the US seems perfectly apparent from the outside. Grab the best and brightest from countries with excellent education and similar cultural backgrounds in exchange for citizenship. When there is so much demand, why not? Seems to only be a win.

I cannot help but think that western nations have entered some sort of pact (as many SV companies did) in regards to non poaching. Each country wants to keep their best, so some agreement (formal or otherwise) is reached to prevent mass exodus to one.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#138

Post by CountSessine »

cakedoggie wrote: post #128
Retric wrote: post #121

Earlier quoted context omitted.

That somewhat depends on what you consider education spending. We waste ridiculous amounts of money doing things only tangentially related to education. Median teacher salary in the US public schools = $57,200. And 50.4 million students attend public elementary and secondary schools combine. Teacher student ratio is nominally 16.1 so ~3.5k* per student. However, the total spending per student is actually ~$12.7k core…

What a strange comment. Of course the costs of an education don't just include the teachers salary.

Ok, fair enough. But only 11%? Retric's numbers suggest only 11% of education funding is for teacher salaries. Does that not sound as crazy and outrageous to you as it does to me?

Especially when the system seems to be so ... dysfunctional. I don't know a single teacher who hasn't had to personally shell out money for school supplies for their students because their school ran out of paper or something else essential.

Update: I misunderstood Retric. Teacher salaries make up 22% of total education spending. I guess that's ... better?

Re: Trump administration has plan to scrap ‘startup visa’ rule

#139

Post by 4msonny »

mhh__ wrote: post #129
nnfy wrote: post #114

Earlier quoted context omitted.

Why do people seriously believe that presidential administrations are motivated by petty childishness? Do people really believe it to be possible that someone incompetent could make it as far as the presidency? There's far more going on that we are unaware of, be it malice or good intentions, thus it is absurd to believe that our leaders are man children. We are too far removed from primary sources to know the truth.

Maybe he's not a man child, but what's his MO? His approval ratings are shite, so somethings not working

last i checked, republicans (and pro-trump candidates) have won every special election since trump came to power. so much for "shite" approval ratings.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#140

Post by averagewall »

giarc wrote: post #115
pavlov wrote: post #102

I asked this very question on HN in November 2016: will the "startup visa" survive? Commenters thought that Trump wouldn't interfere with it: https://news.ycombinator.com/item?id=12931943 This is a solid reminder that the Trump administration is showing itself to be mostly concerned with undoing anything that Obama did, rather than working for anyone's benefit. You can't apply logic to predict the actions of these pe…

I'm not an American but as an outsider it's so odd to see the anti-Obama stance this government is taking. Look at the US economy coming out of 2008. From my perspective it's done quite well. Unemployment has gone from 10% to 4%, GDP has climbed. S&P and US stocks in general have done exceptionally well. It seems like whatever Obama did was working. Do the Republicans think they can do better? Why not just ride their…

You have the assumption that economic growth is what they want. Trump has a mandate to punish the rich/middle class people so the poor people can feel relatively better about themselves. Startup visas can do nothing to help the poor rural unemployed. They'll probably be happier with a weaker dollar and thus more primary/secondary industry job opportunities. They certainly don't care about unicorns.

This is a big population of severely disadvantaged people who gain nothing from GDP growth. They do matter.

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