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CMO at SecureAuth Corporation. Previously VP Marketing at NowSecure, Knurld, Ping Identity, VP Business Develoment at Get Satisfaction, CEO at Teqlo and General Partner at SAP Ventures.

2 responses to “A Well Intentioned Bad Idea That Should Not be Stopped”

  1. B

    You are right, this is just or more abusable than the H1B!

    Employers can legally discriminate against qualified Americans by firing them without cause and recruiting only H-1B guest-workers to replace them. The U.S. Department of Labor (DOL) has said: “H-1B workers may be hired even when a qualified U.S. worker wants the job, and a U.S. worker can be displaced from the job in favor of a foreign worker.” Some companies that discriminate against American workers are so brazen that their job advertisements say “H-1B visa holders only.” And some companies in the United States have workforces that consist almost entirely of H-1B guest-workers.


    “I know the investors who are pushing this and I know their intentions are honest…”

    These investors have repeatedly called this a “grassroots” movement. Grassroots Venture Capitalists? Give me a break!

    So their intentions are honest, but their actions are deceit and misrepresentation?

    The lobbying and donations that put them in the top 100 contributors of various politicians leave their honesty in question.

    Get the American investors out of the picture and this Bill would have some merit. Churning around US dollars through this scheme will not add wealth to the US Economy. Foreign investment, on the other hand, would have immediate impact. And don’t give away the store with tax breaks as the US VCs are anticipating. These Visas and starting up in the US has value. Exploit that fact and not exploit the “immigrant entrepreneurs”. US VCs have plenty of opportunities to invest in American entrepreneurs and our startups. Maybe not with the same excessive ROI as they could get by playing the immigrants.

    This is the right thing to do.