Hacker News Reader

As Dave rightly schooled me here: http://news.ycombinator.com/item?id=1149503

aditya: dude, if you can't create at least 5 jobs in 2 years with $250K in capital, you're a pretty pathetic excuse for an entrepreneur.

The article is a little too sensational, which seems to be the norm with BusinessInsider these days.

View on HN

And the stuff about it being "bad for investors" is pretty rich. Sure, there are might be some funny incentives created by a Founder Visa program, but none that wouldn't be transparent, known, and probably avoidable.

That's a good point but it doesn't change that the overall dynamic of the Act would be to put way too much power in the hands of investors.

I hope you're right and that's how it will work out, though.

Reply on news.ycombinator.com