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I think the startup visa is an excellent piece of legislation. I know of several startups now based here, and lots of budding entrepreneurs moving to town - just because of the Visa requirements. And with this city's links to China and India I'm confident this will be the home of the next big thing.

Of course I'm in Vancouver (BC) and these are guys being frustrated by the US process. Some of them hope to eventually open branch offices in Silicon valley so you will pick up some of the outsourced work.