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Agreed. But this then essentially translates into a "jobs for founder visas" scheme for relatively larger companies that can afford to immediately hire 3 American candidates.

This will, therefore, probably mean a deluge of applications from across the globe and the consequent generation of several more US jobs (which works out great for everyone).

Only I'm not too sure we should then call it a 'Startup' Visa.



Bingo. Theoretically, someone could even start an outsourcing firm not unlike Wipro, Infosys, etc, hire 3 employees in the US (a receptionist, etc) and the net impact would actually be a NET loss of many jobs.




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