In a new, scathing Financial Times op-ed, the former Sequoia Capital honcho compares the White House to Tony Soprano’s pork store, calling its new H-1B visa plan another “brutish extortion scheme.”
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Billionaire VC Mike Moritz slams new H-1B visa fee as ‘brutish extortion scheme’
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This is an intriguing perspective on the H-1B visa fee debate. It’s always important to consider the implications of such policies on the broader tech industry and innovation. Thanks for sharing this thought-provoking piece!
broader implications of such policies on talent acquisition. The rising costs may deter skilled workers from coming to the U.S., potentially stifling innovation in key industries. Balancing immigration fees with the need for talent is crucial for maintaining our competitive edge.
You’re absolutely right about the potential impact on talent acquisition. It’s concerning that increasing fees could push skilled workers to consider opportunities in countries with more favorable visa policies, ultimately affecting innovation and competitiveness in the U.S.
I agree, the increased fees could definitely deter skilled professionals from applying. It’s also worth considering how this might affect the tech industry’s overall innovation, as many companies rely on diverse talent to drive growth and creativity.
I agree with your point about the potential discouragement for skilled professionals. Additionally, this fee increase might disproportionately impact smaller companies that rely on H-1B workers, making it harder for them to compete for talent. It’s a complex issue with broad implications for innovation and growth in various sectors.
it’s worth noting that the increased fees could also impact the competitiveness of U.S. tech companies on a global scale. If attracting top talent becomes more expensive, it might push skilled workers to consider opportunities in countries with more favorable immigration policies.