Venture capitalists are buzzing over the Trump administration's plan to charge $100,000 for H1-B visas, and it hasn't quieted down after White House clarification that these will be one-time fees on new applications.
The big picture: Most VC reaction seems to be negative. Both because of the financial burden it could place on startups, making it that much harder to compete with richer incumbents, and also because of the longer-term risks it presents to American innovation. READ MORE