I’d happily pay $100,000 for an H-1B hire to get the best talent for my AI company. It’s part of the cost of doing business.
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When Trump announced a $100,000 fee for new H-1B visas on Friday, one startup cofounder wasn’t concerned.
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Shahriar Tajbakhsh told BI he’s willing to pay the fee to hire the best talent at his AI company.
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The company, founded in London, plans to continue to expand in the US in the coming months.
This as-told-to essay is based on a conversation with 34-year-old Shahriar Tajbakhsh, the CTO and cofounder of the AI recruitment platform Metaview, who lives between San Francisco and London. The following has been edited for length and clarity.
I woke up around 5:30 a.m. on Saturday in London and saw an email from lawyers with “urgent notice” in the subject line.
We had an employee who was supposed to enter the US in the coming days after their H-1B visa petition was approved earlier in the year. The lawyers outlined President Trump’s executive order issuing changes to H-1B visa rules, including that companies would need to pay a $100,000 fee per H-1B employee.
It was hard to fully understand the situation at first, but I wasn’t particularly concerned. The people we hire create so much value for our company that $100,000 is truly a rounding error.
Our company is looking to expand in the US, and we plan to submit more H-1B petitions in the next lottery. One executive order will not change my belief that an organization’s success or failure is a function of its people.
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In 2018, a friend and former colleague and I started Metaview together, which uses AI to help recruiters be more productive.
We have so far raised around $50 million. There are between 30 and 40 people in our team: Roughly two-thirds are based in Europe and one-third in the US, but we’re aiming to make the ratio 50/50 over the next six months.
We started the company in London, and opened our San Francisco office in August to tap into both talent markets.
I’m in the process of relocating there, while my cofounder will lead the London office. I went through the EB-1A visa process, and my petition was approved. Earlier this year, we tried to sponsor three H-1B visas, but only one was allotted in the lottery.
Before it became clear that the fee would only apply to new H-1B petitions, large companies advised their H-1B employees not to leave the US and to immediately fly back if they were abroad.
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