Canadian-American venture capitalist of Sri Lankan origin Chamath Palihapitiya said he came to the United States on an H-1B visa. So did Elon Musk.
Sri Lankan-American billionaire Chamath Palihapitiya said he came to the country on the much-discussed and abused H-1B visa program at a time when there were no takers for the visa program.
Speaking to the Axios Show, Palihapitiya said he is also being called out on social media as “part of the problem”. “I came on an H1B visa.
Elon came on an H1B visa. This is in the early 2000s. Why? No one was applying for these things. And who did you have? Forget about me, I’m not important, but you had guys like him, you had these amazing scientists, Urs Hölzel who ended up at Google. “These are giants,” he said.Regarding today’s H-1B situation, he said 800,000 applications are now coming in for 20,000 opportunities.
“You can’t stipulate abuse because what it means is so overwhelming that the next Elon or Urs Hölzl is already gone,” he said.“We can require the following two things: Immigration is really good. We should attract the best. And they should want to be here. But we should also make it fair so that the best of the best is being stolen over the last five years, because a handful of companies in some countries have abused this system.
You have to stop the bleeding and prevent it so that you can rebuild trust with the American people in general.
There are a lot of people who look at me and say, “This guy is part of the problem.” You can see it in the comments on X. And I’m like, “Wow, me?”“They see people who show up and say, ‘This person is no smarter than me. “All I can see is wage suppression.” We have a responsibility to the people who work and pay into the system to answer their questions honestly.
You can’t text it and ignore it. You can’t. Sometimes you have to say, “You know what?” “It was gross abuse,” Chamath said.Chamath Palihapitiya was born in Sri Lanka but moved to Canada at the age of five and then moved to the United States to work after completing his studies in Canada.
an act Elon Musk Coming to the United States on an H-1B visa?
Elon Musk had an H-1B visa, but did not enter the United States on that visa. In 1992, Elon Musk came to the United States as a student on a student visa to study at the University of Pennsylvania. When he started his own company, he claimed he switched from a J-1 visa to an H-1B visa. In 2002, Elon Musk became an American citizen.
