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And yes, there is also political opposition from the left centered around the extra control investors would have if they also determine the immigration status o
by HistoryInAction 13y ago
And yes, there is also political opposition from the left centered around the extra control investors would have if they also determine the immigration status of a founder. I don't understand that opposition, but I've run into it a few times.
- teacup50 13y agoYou don't understand the ethical concerns related to having a huge negotiating advantage granted and enforced by the US government? You think that's a leftist issue?
- HistoryInAction 13y agoAh, sorry, I wasn't clear. I've only heard that concern from political professionals on the left, not that the concern itself was associated with one side of the aisle or another. And correct, I've never thought about the ethical concerns, so I'd be interested in your explanation. Most of the investors I've worked with in this space have already committed to invest in the startups dealing with immigration problems, and so their interest is to salvage their investment and stop it from being destroyed by the immigration system rather than negotiating the investment in the first place. In my defense, "certified VC/angel" sponsorship is a hypothetical proposal that has very, very little traction in Congress, and that I've opposed in favor of broad capital requirements (e.g. the Moran amendment, which I supported: http://www.moran.senate.gov/public/index.cfm/files/serve?File_id=893ec36f-1426-4fcc-9bc1-cc452db54fa9 http://www.moran.senate.gov/public/index.cfm/files/serve?Fil... and some efforts by the US Chamber of Commerce that never made it into legislative language) Thanks!