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shared some thoughts over here http://news.ycombinator.com/item?id=557552 so my take is not visas for foreign founders but the investors and entrepreneurs here more often crossing the boundaries of US and finding/nurturing growth global opportunities is needed..Just to be clear I am not saying there are no opportunities in US..or you should not start business here..or it is not easier for people in US (if they have roots here) compared to people elsewhere.. only thing if someone wants to tap international resources (either here or outside US) then the old thinking of solution is visas for America is way outdated.. at least it is not that obvious and easy so before developing such "product offering" do study the targeted "customers" well and don't just think from supplier side

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so, what's wrong for a team of 3-4 people, that got 500k of investments to set up shop in the US (if they wanted to)?

Really, what's wrong? As of right they have to go through insane amount of immigration hoops, and sensless paperwork.

The cost for running a business in the UK/Western eruope is pretty high. It might make sense for some startups to move to SV/SF anyways. At e least they will have a lot of raw talent in here, and a support net.

While the local economy will benefit from this too.

It seems like a win-win situation. If your "startup" is in India, then you might want to think twice about it, but if it is from a well developed country, where costs of living are comparable, SV becomes a lot more attractive once the stupid artificial immigrations barriers are lowered.

I guess I am already down voted so I don't want to get into debate in here..but to answer your question..what's wrong ..the global and (in turn sustainable US development) will happen if more startups succeed..and that has to happen on global basis because global opportunities are huge.. I feel startup teams can succeed only if they understand market and have necessary resources in terms of human capital not just money (that too just seed stage investment).. and with an very insider's view I don't see how someone comes to SV/SF from outside gets that just because they have visa..and what kind of magic we have that makes them overcome handicap of being in foreign market when now there is really opportunities everywhere.. if they really develop business targeted at markets they understand there is more likelihood they will succeed..everyone wins that way.. so better option my view for America's growth is to investors and entrepreneurs here to go out and meet right people/sponsor more business visas/open up more cross-border trade channels/form symbiotic relationships with mutual respect (not like quoting word startup when it comes to the company in India :) ..getting stuck in the idea that we have the opportunities and just that once we open up our door right people will come rolling in is not valid..

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