I made reference to the issue of immigration policy in a post last week (see “Want more jobs? Support Entrepreneurship”). In that post I referenced a WSJ OpEd piece that my partner Brad Feld wrote last week with Paul Kedrosky about the Start-up Visa Movement (the idea that we should make it easier for foreign born entrepreneurs who are starting their companies and who have obtained financing to stay in the United States to build their businesses). In my post I went on to say: But let’s take this idea further. For example, how could it possibly make sense to deport a recent graduate school graduate (someone with the kind of technical degree that we so badly need here in…
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Startup Visa
Want more jobs? Support Entrepreneurship
There’s a great CNN opinion piece out today by Amy M. Wilkinson that argues strongly (and correctly) that the government needs to do more to support entrepreneurship and small businesses. I whole heartedly agree. Quoting from the piece: “According to the Census Bureau, nearly all net job creation in the U.S. since 1980 has been generated by firms operating less than five years.” This conclusion is backed up by the National Venture Capital Association which tracks the impact of private companies who receive institutional venture financing. You can read the recent NVCA report on the impact of venture capital on the overall economy here (the quick take-away is that this impact is extremely significant). With that as a backdrop, why…