Re:I'm Peter Roberts who does work for YC and startups. AMA
by randerson on Thursday October 17, 2024 @10:29PM
(#41875870)
It also means the next Facebook would benefit a foreign country's economy rather than America's. One reason the US economy is the best in the world is that we import entrepreneurs and their businesses.
The parent's sentiment is valid. There's no reason the US needs to import startups - there's plenty here in the US that don't get funding/support/attention they already deserve.
Instead of helping immigrate potential founders - I'd rather see YC do outreach in these other countries to empower/support founders within their home nation.
But, that might slightly diminish YC's chances of funding the next Facebook or something... so here we are.