"Startups often make money primarily by reducing costs, and cost reduction nearly always means job reduction." It seems that is the crux of your argument again

"Startups often make money primarily by reducing costs, and cost reduction nearly always means job reduction." It seems that is the crux of your argument against Founders Visa. (1) The flaw of course is that you are only looking at job reduction--and not the jobs that were created as a result of blogs and online news. And even if the jobs created were fewer than jobs lost, that is free market: sooner or later it had to happen. The worst thing we can do is be delusional that it won't happen. The best thing would be to figure out jobs that are not going to exist and re-train those people for more sustainable jobs. (2) You don't seem to be so much against Founders Visa as against startups in general. You might as well be arguing against ALL startups--not just those started by immigrants--using this line of argument.