socialmedian: Incubating Change to Immigration Law with the Startup Visa Movement

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Incubating Change to Immigration Law with the Startup Visa Movement

Source: TechCrunch

Oct 21, 2009

Summary

Anyone familiar with internet startup culture knows how little capital it takes to start a tech company these days. With hardware and software costs practically nonexistent for most new companies, the main determinant of whether a promising startup will get underway and off the ground lies with the founders’ circumstances, namely whether they can pay off their personal bills from month-to-month and find a place to work.

This climate should produce an a important, long-term counterweight to the problems of our economy as a whole. While established corporations have been reeling, laying off workers and draining money from the federal budget, tech companies in high growth sectors have continued to sprout up with the promise of new jobs and services. And with costs so low, entrepreneurship – and its concomitant boon to the economy – these days relies overwhelmingly on one factor: the entrepreneur.

Numerous startup incubators over the last few years have emerged in the US and elsewhere to reflect this new state of affairs. Y Combinator led the charge in 2005 and has

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