News Summary

In a recent episode of TechCrunch’s Equity podcast, Dominic-Madori Davis and Jeremy Neufeld, Director of Immigration Policy at the Institute for Progress, discussed the implications of recent H-1B visa changes on startups, founders, and tech talent in the United States. The discussion highlighted a significant loophole allowing 80% of H-1B applicants to avoid a $100,000 fee, and a new wage system that could prioritize visa slots for experienced acupuncturists over fresh AI PhD graduates. Universities and national labs face uncertainty as they navigate these changes, knowing they must pay but unclear on the specifics.