So my question is - if the startup has $250k in funding, why can't they sponsor ... | Hacker News

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		ojbyrne on Dec 2, 2009 \| parent \| context \| favorite \| on: Let's Give Visas to Startup Founders So my question is - if the startup has $250k in funding, why can't they sponsor for an H1B for the founder(s)?

rglullis on Dec 2, 2009 [–]

Yearly quota. Only 65k applications for H1B visas are accepted every year. To be able to sponsor someone out of the quota, the institution has to be either a non-profit or educational - universities and such.

ojbyrne on Dec 2, 2009 | [–]

Good point.

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