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I can see why these things make sense to legislators and policymakers - but in all pragmatic reality, I'm weary of it actually working. 1) Most startups fail.
by alexasmyths 9y ago
I can see why these things make sense to legislators and policymakers - but in all pragmatic reality, I'm weary of it actually working.
1) Most startups fail. What happens then? What is the path? Many folks will come from 2cnd-tier economic nations, and don't want to go back. It gets complicated.
2) Investment requirements are easily provided for by people who want to 'buy citizenship' and it's easy enough to hire a few friends/family members, park their money in an account, and pull it out when they are done. The 'businessperson' visa was widely used as a backdoor to a passport in Canada.
It might make sense to make the visa commensurate on $X in a round A or something, but then it all gets very complicated.
It might be just better to have a smart immigration policy to retain top talent across the board in the first place.
It's really not 'founders' that make the business - it's 'the founders and everyone else'.
- ntsplnkv2 9y ago> 1) Most startups fail. What happens then? What is the path? Many folks will come from 2cnd-tier economic nations, and don't want to go back. It gets complicated. Just take the risk and eat the cost. Sometimes investments don't work out. You hope the ones that do make up for it.