Billionaire Silicon Valley investor says US' H-1B visa policy could backfire: ‘Engineers from Indian universities are…’
Silicon Valley investor Michael Moritz has denounced President Trump's $100,000 H-1B visa fee, warning it will stifle innovation and reflects a misunderstanding of the tech sector's success. He argues that companies hire skilled foreign nationals due to labor shortages, not to replace American workers.
Silicon Valley investor Michael Moritz has denounced President Trump's $100,000 H-1B visa fee, warning it will stifle innovation and reflects a misunderstanding of the tech sector's success. He argues that companies hire skilled foreign nationals due to labor shortages, not to replace American workers.
