INS would stop you at the very first one. Do you think they haven't thought of this loophole?
INS has strict rules about the companies to which it will issue visas. Companies must have established physical offices, have existed for a certain length of time, have a minimum number of other employees, and be able to produce statements showing real customers and actual revenue to prove they are a "real" company.
None of these apply to a startup. Even for medium-sized companies, the lawyers, time and expense required to sponsor an H1-B is a big barrier to hiring immigrants on this visa. For a startup it's completely impossible: not just inconvenient or expensive; impossible. INS will not let H1-Bs join a startup, even a genuine one.
INS has strict rules about the companies to which it will issue visas. Companies must have established physical offices, have existed for a certain length of time, have a minimum number of other employees, and be able to produce statements showing real customers and actual revenue to prove they are a "real" company.
None of these apply to a startup. Even for medium-sized companies, the lawyers, time and expense required to sponsor an H1-B is a big barrier to hiring immigrants on this visa. For a startup it's completely impossible: not just inconvenient or expensive; impossible. INS will not let H1-Bs join a startup, even a genuine one.