Billionaire Silicon Valley investor says US’ H-1B visa policy could backfire: ‘Engineers from Indian universities are…’
Billionaire Silicon Valley investor Michael Moritz, whose investments in Google, PayPal, and other tech giants helped shape the modern internet, has sharply criticised President Donald Trump’s $100,000 H-1B visa fee, warning that the policy will backfire and demonstrates the administration’s fundamental misunderstanding of what drives American tech success.The policy, announced Friday through a presidential proclamation,…