I don't see why it is so capital-oriented. It is certainly better than nothing, but a fairer scheme would also include skills assessment. Otherwise its against the nature of entrepreneurship - venture capital is not a prerequisite to a successful startup, its only one of the helpful ingredients. On such a thing like visa where it is a yes or no situation, it shouldn't just depend on availability of venture capital.
"skills assessment" is typically a more SUB-jective metric. subjective metrics are more easily misjudged, misinterpreted, and likely more time-intensive to audit (read: subject to abuse by bureaucracy & likely to increase processing times).
raising capital, creating jobs, or making revenue are very OB-jective metrics, and are much less easily abused or compromised (read: determined easily by provable data, likely to not be interfered with or misinterpreted by bureaucrats, and likely to streamline / reduce processing times).
in other words, market data & stats are provable & will likely speed up the process.
there is nothing quite so unfair or undemocratic as an INS official who has had a bad day, is misinformed, or is behind on paperwork -- or heaven forbid all of the above.
we hope to avoid this situation by making the Startup Visa rqmts very easily objective & provable based on verifiable data.
