Immigration Datapoint of the Day

From Carlyle Group’s Robert Grady:

Look at all the technology companies which have been backed by venture capital

– the kind of companies which have driven US growth over the past 30 years

or more. It turns out that 40% of them were started by foreign-born

nationals, including the likes of Intel, Yahoo, Sun, and eBay. And,

of course, Google.

And yet we’re still placing ridiculous restrictions on obtaining the H and

J visas that most of these people came into the country on. Idiotic.

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