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I agree that there will be some challenges and hopefully future changes fix that. However current reality is that very few startups employ H1. I founded a star
by timewarrior 9y ago
I agree that there will be some challenges and hopefully future changes fix that.
However current reality is that very few startups employ H1. I founded a startup when I was on H1 hired someone else on H1 and it was a pain to go through all paperwork. Right now, if the potential employee doesn't already have an H1 - the startup will need to apply for H1 lottery where odds are 1/4 and if they win it wait for 6 months before the employees can join.
Recently I built an Incubator where the intention was to pay market salaries while people try out ideas. And once the idea gets traction - raise funding and spin it out. Everyone on H1 refused to join the spin out because they didn't want to deal with the pains of being on H1 while dealing with uncertainties of a startup.
I hope that these regulations stop the abuse happening on H1. This will help in two ways:
1. No lottery - so people who want to move to US have a predictable path.
2. Better path for Indians to get Green Card. Right now the delay is insane (20+ years). Once they get Green Cards they can participate with more freedom.