By the end of 2025, the founder hoped to bring one “really talented engineer” from Chennai, India, to the United States.
According to Arko C, it would have been beneficial to introduce the engineer to Bay Area tech circles and have the chance to collaborate with him face-to-face. However, the company was reconsidering whether it was appropriate to spend the $100,000 it would suddenly need after the executive order was made public.
Pipeshift would probably hold off on making the investment for a year until “he’s better skilled, he’s more experienced,” according to Arko C. However, he continued, the increased expenses are affordable for outstanding people.
“I don’t believe a $100,000 will have a significant impact on us following a Series A or Series B if we are forced to take that course. When you consider all of the payments and salary you oversee at that time, that is insignificant.
Because they lack the cash flow or reserve funds necessary to pay the higher price, tech startups will be the ones who suffer the most from this executive order, according to Arko C.
However, he doesn’t think the impact on startups will be as severe as some people think. According to him, a post-Series A venture-backed company could afford to pay for excellent talent because startups only hire a certain number of individuals.
“No more than five or six individuals are hired by seed stage companies. Two or three of the five or six persons you hire are merely founders. You can likely get graduates for one or two of them, as well as those who are already here or on OPT.
According to him, the H-1B fee increase would only guarantee that the most skilled individuals could access the program, and he does not believe it would harm the US talent stream overall.