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The main problem here is that there is no need for founders to move to the USA to get funded by the US investors.

How would such a visa benefit foreign investors? If there is a shortage of good entrepreneurs in the States, wouldn't it be easier if the VC's start fishing around the world instead of waiting for all the fish to come to their own pond?

Y Combinator should take a hint from their UK/European counterpart, Seedcamp. Starting in London two years ago with a similar model as YC has in the US, they have started organizing local mini-Seedcamps throughout Europe to make it easier for the startups to apply: the first mini-Seedcamp was last year in Kiev, Ukraine, while this year they have a tour of seven cities -- Tel Aviv, Paris, Warsaw, London, Helsingborg, Ljubljana and Berlin; check www.seedcamp.com -- where local startups may apply towards the main event in London later this year.



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