[samstokes]

This works if you are three co-founders each with 33%, since any two of you could fire the third. (I am also not a lawyer, but this is how I got my H-1B five years ago.)

That said, the fact that the H-1B process is now a lottery - i.e. no matter qualified you are or how good your lawyer is, it's still a roll of the dice - makes it hard to recommend if you actually want any ability to plan for the future.

H-1B also puts more scrutiny on the company, so you'll probably need to have raised money (so you can prove you can pay yourself a market rate salary), have an office, etc.

[devbug]

Would brining in a third "co-founder" until you get your H-1B, then firing them work?

[tricolon]

That would be the equivalent of structuring. It might work, but if USCIS ever investigated you and then found out about this little scheme, you would most likely be banned from the US for 10 years or life.