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I'm not too familiar with the H1B system, but one of the issues I have with the idea of an auction is that it hurts startups who are willing to give up a lot of
by jon_richards 10y ago
I'm not too familiar with the H1B system, but one of the issues I have with the idea of an auction is that it hurts startups who are willing to give up a lot of equity but not much cash to an employee.
- c0g 10y agoEven if the equity was taken into account most startup equity (once you read the terms and conditions) is worth ~0. There's a few bigexits warping thenfigures but the median is pretty low.
- bhickey 10y agoToday a huge portion of H1Bs are get assigned to body shops who then provide labor to large companies. I'm more concerned with worker exploitation than I am with a few startups who as missing out today, potentially missing out tomorrow.