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I think you and I have a different view of the type of entrepreneur this visa would apply to. I don't think a foreign startup with 1 or 2 employees is going to
by djb_hackernews 9y ago
I think you and I have a different view of the type of entrepreneur this visa would apply to.
I don't think a foreign startup with 1 or 2 employees is going to attract $250k investment from US investors. (source: I once started a tech company in south america, US investors rarely invested outside of the US in early stage businesses) I think this would just be too risky for the US investor.
On the other hand if there was a startup that were within 2 years reach of $500k recurring revenue and 20% growth and were derisked to the point that US investors were interested in putting up real money then they are probably established enough that they wouldn't want to make the move for such a short time frame.
I think when people first read about this visa rule they imagined it'd be more ycombinator hacker types ("infant startup company with maybe the founder and 1 or 2 other people") when in reality that wasn't the case.