The mistake happens in these two sentences:<p>"The bill makes the wrong assumption that all startups raise angel or venture capital. As my team’s research has shown, nine out of 10 successful entrepreneurs don’t."<p>Entrepreneurs are not identical with startup founders. An entrepreneur is someone who starts a new business. Only a small fraction of new businesses are startups; most are unscalable service businesses like barbershops.<p>As of now, at least, nearly all successful <i>startups</i> have investors.
much of vivek's criticism focuses on how to optimize the Startup Visa bill. however, left unspoken is how to construct a bill such that opponents will allow it to pass. we spent over a year consulting a variety of folks on this issue (including vivek, who at the time offered much less feedback and a lot more support than recently when he appears to have had a change of heart).<p>while his feedback may be relevant, unfortunately it's not very helpful AFTER we have spent so much time getting bipartisan support for the current bill. in fact his rather late critiques may actually reduce the chance for ANY kind of bill to pass.<p>any bill we put together is best constructed with awareness of opponents, and an eye to compromise on getting SOMETHING done quickly, rather than nothing. we can always modify & improve, but if we miss the chance to pass a bill, thousands of startups will again he stuck waiting to create their businesses and jobs.<p>again I'm extremely frustrated vivek waited a year to voice his opinions, well after we asked for his input (and actually got it) and support (which he gave, and now is withdrawing).<p>if not for his "fixing", we might already be able to get the bill to the floor for a vote.
Why does the bill need fixing - it seems to function perfectly<p>The purpose is to make two politicians look good, to allow their respective parties to claim they are doing something while at the same time being able to reassure their supporters that nothing will change.<p>That's basically the point of politics since some greek guy stood up in the market place
The entire US visa system is flawed.<p>The H1B visa allows an entire family to be kicked out of the country with very little notice simply because an employer wants it done.<p>To extend a visitor visa the person needs to leave the country (further than Canada and Mexico) and return. Great for airlines.<p>Many companies have employees sitting in Canada who they bring down for meetings every now and then. They just have to stay away longer than 30 days at a time.<p>Many technology companies have complained, Bill Gates and Google included.<p>Hillary Clinton (immigration head) is not going to allow anything to improve under her watch. The only real hope is to see what happens with the next election. Hopefully Hillary will be shown the door.