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As Dave rightly schooled me here: http://news.ycombinator.com/item?id=1149503 http://news.ycombinator.com/item?id=1149503 aditya: dude, if you can't create at
by aditya 17y ago
As Dave rightly schooled me here: http://news.ycombinator.com/item?id=1149503 http://news.ycombinator.com/item?id=1149503
aditya: dude, if you can't create at least 5 jobs in 2 years with $250K in capital, you're a pretty pathetic excuse for an entrepreneur.
The article is a little too sensational, which seems to be the norm with BusinessInsider these days.
- pegobry 17y agoThat's a good point but it doesn't change that the overall dynamic of the Act would be to put way too much power in the hands of investors. I hope you're right and that's how it will work out, though.
- simon_ 17y agoAnd the stuff about it being "bad for investors" is pretty rich. Sure, there are might be some funny incentives created by a Founder Visa program, but none that wouldn't be transparent, known, and probably avoidable.