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Comment by saltedonion | Hacker News Reader

“the program invites foreign entrepreneurs to work part-time at a school, either as a mentor or an adjunct professor. In return, entrepreneurs may get a cap-exempt H-1B visa that gives them the latitude to work on their own startups”

Seems like the bar to get accepted is pretty high

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Here is the official eligibility. Does make sense to set the bar high initially and loose it slowly afterwards.

Eligibility

-You graduated from a US university or participated in a US acceleration/incubation program, entrepreneurial boot-camp, etc.;

-Your company is underway in terms of incorporation, financing and corporate governance;

-Your company has been accepted as a member of the VDC; and

-You possess the necessary skill, experience and talent to qualify for an H-1B visa.

Why not EB-visa though? H1B is completely useless or even dangerous for startup founders. It's easier to live in e.g. Canada and incorporate in Delaware, than work in the US as H1B and be prevented from incorporating anything, effectively ending up as a high-performing slave wasting best years on somebody else's success.

there is no EB-visa, only EB green cards. But you need to get H1B first before you can jump through the EB hoops.

> there is no EB-visa

Citizenship and Immigration Services thinks there's 5 different subcategories of them.

https://www.uscis.gov/working-united-states/permanent-worker...

> only EB green cards.

Nope, Green Cards don't have categories, they require you to be currently admitted in an immigrant visa category (EB-1 through -5 qualify, as do a number of others, but not H-1B or other non-immigrant visas.)

> But you need to get H1B first before you can jump through the EB hoops.

No, you don't.

We'd be a lot better off if it were lower, seems like.

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