Re:Large Companies Game H-1B Visa Program
by erispoe on Tuesday November 10, 2015 @04:39PM
(#10542733)
Because in early stage startups, you accept to forgo a market rate salary for equity that still has low value. You do that because you expect, or you bet on the equity value to go up. Risk, reward, it's simple.
A bidding system for H1Bs would in effect prevent earls stage companies to apply for visas. Many actuall do apply for their own founders. A large proportion of startups have foreign founders, and these people need a visa.
Re:Large Companies Game H-1B Visa Program
by _delirium on Tuesday November 10, 2015 @05:18PM
(#10543029)
Those startups at least claim to be paying market-rate salaries, because the H1B visa category can't be used to hire employees at below-market salaries.
A bidding system for H1Bs would in effect prevent earls stage companies to apply for visas. Many actuall do apply for their own founders. A large proportion of startups have foreign founders, and these people need a visa.