3 he Execs Say Trump’s $ 100k H-1b Fee Could Hinder Startups
President Donald Trump’s New $ 100,000 H-1b Visa Fee has been the talc of Silicon Valley Since it was announed in an executive order a Week Ago.
Business Insider spoke to he Executives Outside Big Tech, Who Said They World The Fees Hinder Progress and Limit The Potential of Startups. It iso also help the USE CEVELOP it Own talent, one of say Said.
H-1b Visas Allow US Employers to Hire Highly Skilled Foreign Workers for Specialized Jobs. These visas have Become a Moinstay of the Tech Industry, with Tech Giants and Startups alike Hiring Thusands of H-1b Workers.
The News of the Executive Order Sent Mary in Silicon Valley Into a Panic As Executives, Tech Workers, and Corporate Lawyers Grappled with the Order’s Fine Print.
Here’s how some he is he executives think the Changes Could Affect Their Companies, Their Employees, and the Wider Tech Industry.
Arvind Jain, CEO of Glean
Arvind Jain, The Ceo and Founder of Glean, Says Limitting Access to Foreign Talent Undermine Progress. Glean
Jain, 49, was Born in Jaipur, India. He moved to the seattle area in 1996 after an undergradoute degree at the indian institute of technology in delhi. HIS First Job in the US WAS AS A SOFTWARE ENGINEER AT MICROSOFT. He founded glean in 2019 and now Serves as CEO.
The Company, which First Launched as an Enterprise Search Tool, Now Makes Chatbots and he agents for Businesses. IT REACHED A $ 7.2 Billion Valusion in June.
Jain Shared His Thoughts on the Visa Change in an Email to Business Insider:
“The Strength of US Companies Has Always Come From Access to the Best Global Talent – Talent That Brings Diverse Perspectives, Which Drive Innovation,” He Said. “Limitting Access to Global Talent Undermine Progress, Not Just for Individual Companies But for the Technology industry as a whole. We’ll Continue to Support Our Employees and Advocate for That Allow the Best Ideas and Talent to Thrive.”
Glean declined to share the number of its employs who are on h-1b visas with business insider. Howver, a spokesperson for the company said the policy changes haven’t altered their hiring plans.
“Our Focus hasn’t Changed – We’ll Continue Hiring the best talent for the nonb.
May Habib, CEO of Writer
May Habib, The Ceo and Cofounder of Writer, an Ai Platform, Says the New Visa Fee Benefits Big Tech. May Habib
Habib, 40, Was Born in Rural Lebanon As One of Eight Children. She immigrated to canada and then the us.
She Attended Harvard for Undergrad and Spent Years in the Finance Industry Before Founding Quda, an Ai Writing Assistant, in 2015.
In 2020, She and Waseem Alshikh Founded Writer, an ai platform that desolops its apo language patterns and builds applications for say. The Company Reached a Near $ 2 Billion Valusion in November.
In a Text Message to Business Insider on How the new Executive Order Will Impact the Tech Industry, Habib Wrote:
“We’ve Been Hiring H1BS Since we were 20 People. Both with and waseem came to the us as non -americans on visas, and the Early People We Hirmed US Build an Llm Company is Competitive with the Larger Companies in the World,” Sheid Said. “Adding this $ 100K Fee means that 20-Person startups aren’t going to hire who Need h1bs, and it creates yet another Advantage for Big Tech, Which Threatens to Overpower the Startup e Has fueled american Innovation for 75.
She added, “especally gioven that we build he models and systems, we think global, diversion teams is essential.”
Habib Told Business Insider That Writer Has 10 Workers on H-1b Visas, and the New Policy Will Not Change Its Hiring Plants This Year.
Suzanne Rabicoff, Founder of the Pie Gower
Rabicoff is the founder of the Pie Gower. Suzanne rabicoff
Rabicoff, 39, is the founder of the Pie Gower, a Think Tank Advising Companies on How to Manage Teams in the Age of AI.
In a Text Message to Business Insider Rabicoff Wrote, “My Sens is that is a performed overcorrection to put presses on Americans firms to adopt he (Currently what’s Holding up the market!) And prevent a serous disaster with underemployed gen z.”
She pointed to a linkedin post Titled “don’t you was $ 100k to stand Still: Invest in us talent and redesign delivery Now,” Written by Phil Fil, the Founder of Hfs Research, A Research and Advisory Firm that Rabicoff Described As “A Positive Take of Research Researite firms. ”
Under a subsection titled, “US Graduates are your new talent Engine, not a cost center,” fells employers to retrink their hiring practices.
“Redirect a fraction of the $ 100k fees onShore graduate academies. Pay say, train me on live Customer backlogs, and moving to billable roles in under months. Focus on cloud ops, data Engineering, test automation, cybersecity, and applied genai.
Rabicoff Said and Supports Immigration and Believes It ‘Foundational to America’s Culture and Success. ” But she Said the New Police Could be an Opportunity to Developer Younger Workers in the US.
“Reshoring and reinvesting in what and how we produced will be critical for our well-being and financial securities as a nation. I Mean, can’t we at least to cook something superior with the ingredients in Our Fridge?!” She Told Business Insider.
Unless that talent is cameoped, she said the new visa fees will ultimately benefit the dominant american tech firms – Facebook (Now Meta), Apple, Amazon, Netflix, and Google (Now Alphabet), Collectively Known As Faang – Above Anyone ELSE, SINCE WHO WHO WHO WHO WHO WHO WHO WHO WHO WHO ARE. Afford to Bring in Highly-Skilled Foreign Workers.
“I can’t help but wonder who really wins from this on the enterprise side in the short-term, which is what matters in the AI race,” She Said. “Faang Will Be One of the Few Emploment Bodies abford the best talent and therefore, they’ll continue just complying with Each Other.”