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Let's Give Visas to Startup Founders

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page 7 of 12

CompEng Dec 3, 2009 7:22 PM GMT On the surface, this sounds like the best Visa idea I've heard yet. This is a cheap incentive for creating American jobs - what's the real down side?
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Sharon G Dec 3, 2009 7:12 PM GMT My vote is for a new movement: Deport the xenophobes who pollute these boards! Someone asked if we could have a reverse brain-drain of these people. The problem is that they don't have a brain, so there is nothing to drain. My estimate is that there are 3-4 people who have nothing better to do than to post their venom on these boards. They probably lost their jobs because they deserved to. Now they make us suffer for their incompetence!!
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@Wadha Dec 3, 2009 6:54 PM GMT Wadha - I have a better idea. Let's give those 103,000 F-1 Education Visas (including financial aid and scholarships) given to Indian students in American colleges to deserving American students. The H-1b advocates and other pro-immigration groups complain there is a lack of talent in this country. Why? Because our government does not support our own students and I know a lot of well qualified students who did not get accepted by the college of their choice because the colleges were overcrowded and had high representation of F-1 Visas. Let's stop this abuse now!
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@Wadha Dec 3, 2009 6:48 PM GMT Wadha - How about coming up with an original story or idea of your own. This story already broke earlier this week on WSJ and Economic Times by different authors. Just maybe it is a story planted by NASSCOM or other pro-Indian immigration organization.
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bye Dec 3, 2009 6:02 PM GMT It's already too late we don't need anymore crowd to encourage consumerism.
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PB Dec 3, 2009 3:59 PM GMT The argument that the availablity of venture money would attract entrepreneurs with great ideas does not stand.Many venture capital firms are now in India and China, further venture money finds its way to the ideas the world over. Finally its not just the idea but the complete ecosystem around it that is essential for the ideas to be successful. The idea should be funded and allowed to take root where it is born.
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Heide Steinkraus Dec 3, 2009 2:59 PM GMT This theroy doesn't fly. Tell me Mr. Wadhwa what would keep these immigrant entrepreneurs from bringing their own over here to fill the jobs they have created? There are to many loop holes in this theory. Why should our entrepreneurs not already be U.S. Citizens? Why are we talking about importing talent, do we not have any here amoung us now? Google, Mircosoft, etc., were not imported talent.
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mlcopines Dec 3, 2009 2:09 PM GMT The ignorance of so many of these commenters is overwhelming.The idea has merit and will definitely increase the labor rate and add to the GNP but any change in the law should include a tough set of guidelines and "status checks" for these new immigrants for the following two to five years and stick to it. Altering the current EB-5 would be easy enough. This would also be a good opportunity review the current guidelines for H-1B, a "supposed" non-immigrant visa. H-1B is chock full of counter productive abuses that increases US unemployment, not decrease it. EB-5 can and has unfairly lead to more H-1B for top paying positions. This shouldn't be curtailed, it should come to a dead stop.
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ElSntg Dec 3, 2009 1:54 PM GMT I'm all for improving our competitive edge on a global level. The idea, however, that we as Americans are not coming to the plate or are not encouraged to pursue entrepreneurial activities disturbs me. We should foster programs that stimulate our own entrepenuerial army as well.
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Stan Walulek Dec 3, 2009 1:40 PM GMT You're dancing around the real problem as to the question which should be asked, why American's are losing their innovative edge! The education system, the lawyers and the liberals are creating a country of sheepish, pass the buck, non-competitive, sue for wealth society. Duh, the service oriented economy is not the answer for our future. Let's get back to the basics for creating wealth, green mining, manufacturing and agriculture.
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