Vivek Wadhwa
👤 SpeakerAppearances Over Time
Podcast Appearances
About two years ago, I was looking to start my medical diagnostics company that's going to now be able to detect diseases.
I'll bring it to the United States when the time is right.
But the skills I needed for that were electrical engineers, mechanical engineers, experts in plasma physics, thermodynamics.
I needed lab technicians.
A lot of skills that you can't readily find in the United States.
I needed top-notch mathematicians who understood biology, all right?
There are very few of those in the United States, and if they exist, they're outside Silicon Valley.
So at first I was looking to raise money over here, build my company over here, and then I realized I simply can't find, I looked, I mean, it's not that I didn't, you know, try, I looked for talent.
So I started looking on LinkedIn for experts across the globe.
And there were quite a few of them in India because they still have universities that teach these things.
So I was looking to hire them.
And then I said, oh, my God, H-1B.
I need to bring them on H-1B visas.
And I looked at the numbers, the chances of being able to.
It's literally a lottery.
And then all the hassles, the fact that you're bringing people in, if they fall in love with America, they can't stay there.
It was a losing battle.
I mean, I knew enough about the system that I said, forget it.
I decided to move my company to India.
So the United States lost over here.