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by richardjordan
4473 days ago
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Yeah, that's absolutely the concern with this kind of approach. While I am confident in the good intentions of YCombinator, you can't do a program just for one incubator, and then you have to select them, and some bad ones would get in who'd exploit the situation. We need startup visas, but it can't be at the behest of investors. |
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I'm not. YC is already operating in a club of privilege, surrounded by a bubble of questionable intentions and inflated valuations that externalize the costs onto the wider economy.
Now we should grant YC (and maybe "other investment firms") a privilege that bootstrapped companies like our own can never get? We've lost the H1-B lottery multiple years running.
I can guarantee that the high wages we pay for decades will go a lot farther than the flash-in-pan founder visas and the occasional success that puts more money in the pockets of a few.
Sending YC more grist for their mill isn't to the benefit of the American people, just YC.