Xconomy: America Should Welcome Immigrant Entrepreneurs
25 Jan 2019 10:20 AM GMT
When I came to America in 1987, as a wide-eyed University of Texas grad student, I arrived with just a suitcase and a few hundred dollars ? money that my
- I sold one business, Confluent Surgical, for $250 million; another, Augmenix, was ranked the third-fastest-growing company in Massachusetts, and has revenues of around $50 million a year.
- All told, the companies I created employ around 1,200 people, and the surgical products I developed have been used to treat more than 5 million patients.
- That’s exactly the kind of success story that the International Entrepreneur Rule (IER), an Obama-era immigration initiative that the Trump administration is seeking to dismantle , was intended to facilitate.
- The IER, sometimes described as a “startup visa,” was intended to help foreign-born people come to America to start businesses — but last year, the Trump administration announced plans to rescind the rule.
- when bright, ambitious people can come and start businesses here.
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