4.2 • 365 Ratings
🗓️ 8 October 2025
⏱️ 26 minutes
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| 0:00.0 | This is a paid ad by Fidelity Private Shares. |
| 0:03.0 | A messy or missing cap table might not just slow you down. |
| 0:06.0 | It could cost you your next fundraising round. |
| 0:08.0 | Hello and welcome back to Equity, TechCrunch's flagship podcast about the business of startups. |
| 0:13.0 | I'm Dominic Midori Davis, and this is the episode where we bring on industry experts to help us dive deep into tech world trends. |
| 0:19.0 | The Trump administration recently announced a |
| 0:21.8 | massive change to the H-1B visa program, raising the application fee from around $2,000 to $100,000 per visa. |
| 0:29.3 | The change has sent shockwaves through the startup world, with founders warning it could |
| 0:32.8 | price them out of hiring international talent and undermine U.S. innovation. |
| 0:36.8 | Today, we're joined by Jeremy Newfield, the Director of Immigration Policy at the Institute for |
| 0:41.4 | Progress, to break down what this H-1B change means for startups, founders, and the future |
| 0:46.0 | of tech talent in America. |
| 0:53.5 | Hi, Jeremy, welcome to the show. |
| 0:55.4 | Thanks so much for having me. |
| 0:56.7 | Yeah, I'm really excited to dive into this about the H-1B visa situation that has thrown off, |
| 1:03.9 | or at least the price, the increased price, has thrown off a lot of people, specifically |
| 1:08.0 | in the startup world. |
| 1:09.4 | And so I would love to talk to you about that just for viewers or audiences who might not know what the H-1B visa is. Can you explain what |
| 1:16.4 | that is? Yeah, the H-1B visa is our flagship high-skilled immigration visa. So this is the main |
| 1:23.1 | way that people with at least a bachelor's degree, so highly educated immigrants first are coming |
| 1:28.4 | into the United States to work and enter the workforce. There's about 85,000 visas each year |
| 1:33.4 | that are made available to the private sector. Way more workers are attempting to get those visas |
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