4 ms·
> This doesn't move the needle in the biggest economy in the world. That's not even a viable business in most cities with high cost of living. This sort of pen
by Nacraile 10y ago
> This doesn't move the needle in the biggest economy in the world. That's not even a viable business in most cities with high cost of living.
This sort of penny-wise, pound-foolish thinking is the root of the problem. Many large, important businesses start very small and stay small for a while. ( https://en.wikipedia.org/wiki/Microsoft#1972.E2.80.9384:_Founding_and_company_beginnings https://en.wikipedia.org/wiki/Microsoft#1972.E2.80.9384:_Fou... , https://en.wikipedia.org/wiki/Apple_Inc.#1976.E2.80.9384:_Founding_and_incorporation https://en.wikipedia.org/wiki/Apple_Inc.#1976.E2.80.9384:_Fo... ) By admitting only founders of companies that are already large, you ensure that many of these companies are established and grow elsewhere.
> Why would the United States want to let you in where there are more promising businesses/entrepreneurs on the path to $100m/year companies within 5 years?
Blatant false dichotomy. Nothing prevents the US from admitting both.
- refriedbeans3 10y agoI didn't say only admit people that are already running large companies, though those are welcome as well. I said "on the path to 100m in 5 years" That could be $0 through year 1-3, but it would be wholly different if that company was a technology startup creating value vs a services business like a non-chain Mexican restaurant mentioned below that is not necessarily creating an outsized impact on the US economy with low wage service jobs. Apple was incorporated and immediately had $250,000 in capital invested. Me thinks you did not read the wiki page. > During the first five years of operations revenues grew exponentially, doubling about every four months. Between September 1977 and September 1980 yearly sales grew from $775,000 to $118m, an average annual growth rate of 533%.
- deleted 10y ago[deleted]
- qaq 10y agoIn reality number of people trying to game the system is to a point preventing relaxation of rules.
- smokeyj 10y agoHow terrible. Others want access to the same opportunities we have.
- davidw 10y agoThey should have worked harder to be born to the right parents, I guess.
- biocomputation 10y agoThe US doesn't have infinite resources.
- qaq 10y agoI am not saying it's a good idea but it is a valid concern.