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12-18-2010, 04:16 PM #1
New Pitch for Start-Up Visas
New Pitch for Start-Up Visas
Senate Bill Would Make for Smoother U.S. Entry for Foreign Entrepreneurs
San Francisco entrepreneur Brian Wong has already hired two employees and secured $300,000 in funding for his start-up, and hopes to have a staff of 40 or more full-time workers by this time next year.
But there's at least one red flag in his business plan: Mr. Wong isn't American; he's Canadian. As such, his long-term immigration status is up in the air. That kind of uncertainty can spook investors and clients alike, says Mr. Wong, whose start-up, called Kiip, aims to develop a new mobile game advertising platform.
http://online.wsj.com:80/article/SB1...550357580.html
While I like the idea that the immigration system should be used to help employ Americans and enrich America this smacks of sellin visas.
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