Brad Feld

Tag: startup visa

Well, I’ve learned a lot about how a bill becomes a law on my journey to try to turn the Startup Visa idea into a law.  And yes – it’s a lot like how I learned about it on Schoolhouse Rock about 35 years ago.

It’s been a little less than a year since I wrote the post on 9/10/09 titled The Founders Visa Movement.  This evolved into the Startup Visa initiative, resulted in a bill in the House (HR 4259 sponsored by Polis (D-CO)) and a bill in the Senate (S. 3029 co-sponsored by Kerry (D-MA) and Lugar (R-IN)).  We’ve made steady progress building support and have numerous endorsements, including most recently the American Bar Association and the Silicon Valley Leadership Group.  In addition, the co-sponsors for the various bills are starting to appear: for example, Udall (D-CO) recently signed on to co-sponsor S. 3029, Jackson-Lee (D-TX), Owens (D-NY), and Wu (D-OR) have co-sponsored HR 4259.  I’m also aware of a few more that are about to announce.

In the mean time, I regularly get asked by readers of this blog and supporters of The Startup Visa “what can I do?”  At this point, it’s straightforward (but not necessarily easy) – get your Congressperson to sign on as a co-sponsor.  At the stage we are at, it’s apparently the most impactful thing we can do get our little bill friend in the Schoolhouse Rock video up off the steps and moving toward law.


I’m extremely excited that Senator Mark Udall (D-CO), the senior senator for Colorado, has signed on as a co-sponsor of The Startup Visa Act of 2010 that was originally proposed by Senators Kerry (D-MA) and Lugar (R-IN).  Senator Udall joins his Colorado colleague in the House, Jared Polis (D-CO), who has proposed Startup Visa legislation as part of his EB-5 reform bill.

In addition, our friends at SVB Financial (the parent of Silicon Valley Bank) have also formally endorsed the Startup Visa.  My partner Jason Mendelson wrote a post about a roundtable that Silicon Valley Bank hosted for members of “the new Democrat Coalition” which included Jared Polis.  Shortly after this meeting, SVB formally endorsed the Startup Visa.

I’m really proud that two of Colorado’s members of Congress are leading the charge on the Startup Visa.  I have deep respect for both Mark and Jared, their understanding of the importance of entrepreneurship, and their vision for innovation in our country.  I’m also grateful that SVB – which has been an integral part of the entrepreneurial activity throughout the US – for their support as well.

We are working on a few additional major announcements and endorsements in the next sixty days.  I’ve received a number of requests for ways to help.  At this point, if you are part of an organization that you think would be supportive of the Startup Visa, please drop me an email and let’s talk about ways to get a formal endorsement.


I’m far away from Washington DC today.  Actually, I’m a lot closer to Russia than I am to DC and that makes me an expert on Russia.  Wait, someone else said that (although the people next to me and Amy at dinner last night were speaking Russian.)

But my friend the Internets (actually, the Web) brought DC closer to me today.  While I’m only involved in a handful of things related to politics and DC, several of them popped up somewhere in my world in the last two days.  So, I thought I’d share them with you.

Let’s start with software patents.  I’m still seriously bummed about Bilski – not the specific ruling, but the fact that in my opinion the Supreme Court wimped out on something that is very important.  Several friends have told me that the Supreme Court did exactly what they were supposed to – they ruled on a vary narrow and specific issue that was put before them.  A few other friends of mine, including several lawyers that know a lot about the Supreme Court, said it looked like the Supreme Court came close to making a significant and profound ruling – with plenty of hints buried in the stuff Justice Stevens wrote.  I can’t interpret any of the Supreme Court inside baseball, but I do know how I feel about software patents and expressed my frustration in an article that I co-authored with Paul Kedrosky titled Software Patents Need to Be Abolished that showed up in the Huffington Post yesterday.  In case you need more evidence around the stupidity of the whole situation, take a look at the crap van Rijn is going through.  Or maybe this patent from Microsoft on “how to turn a page in an electronic book.”

DC Topic #2 is the Startup Visa.  Inc. Magazine has a great article about the issue and the Startup Visa titled The Immigrant Advantage.  My friends Kevin Mann (British) and Thanavath Jaroenvanit (French) – both of TechStars Boulder 2008 – co-founders of Graphic.ly – and one of my inspirations for the Startup Visa movement) are prominently featured.  And the Kauffman Foundation just came out with a study that concludes that Job Growth is Entirely Driven by Startups.  I’ve had a few encouraging conversations about the Startup Visa movement recently, including hearing about a new co-sponsor of the Senate Bill (“The Startup Visa Act of 2010”) as well as talking to a handful of prominent organizations that are close to signing up to get behind it.

Finally, LeBron James has apparently signed with the Miami Heat.  I have no idea what that has to do with DC, other than I’m sure the Wizards were trying to get him also.


I’m in Washington DC again – this time to talk about innovation.  I’ve been here three times in the past year – the first time was to hear Bilski at the Supreme Court in November and then I was back in March to talk about and promote the Startup Visa

Yesterday, Thomas Friedman article wrote another great OpEd about the topic titled A Gift for Grads: Start-Ups.  As with many Friedman OpEd’s, rather than just railing against the situation, he suggests several specific things that can be done – in this case by the current administrationb.  His premise is that to solve the unemployment issue, especially among recent college graduates, we need three things: more start-ups, more start-ups, and more start-ups.  And to do this, Friedman talked to Robert Litan (vice president of research and policy at the Kauffman Foundation) and Curtis Carlson, (CEO of SRI International) and came up with the following.

  • Create a cabinet position (Secretary Newco) that is focused on pushing through initiatives that help startups and unleash millions of entrepreneurs
  • Staple a green card to the diploma of every foreign student who graduates from a US university
  • Create a meaningful entrepreneurs visa
  • Cut capital gains taxes to 1% for startups

I strongly agree with each of these.  My one small addition to the Secretary Newco idea is that person should be an accomplished entrepreneur rather than a career politician, policy person, academic, or lawyer.

Over the next two days I’ve got a meeting with each of my Colorado Senators (Michael Bennet and Mark Udall) as well as a summit at the White House led by Phil Weiser (Director of Technology and Innovation for the National Economic Council), Aneesh Chopra (CTO of the US), and Vivek Kundra (CIO of the US).  Our summit includes a small group of VCs from different parts of the US that I’ve helped put together and it’ll focus on the issue of early stage entrepreneurs and innovation throughout the country (specifically – more than just Silicon Valley).  I’m also participating in a roundtable titled Implementing The National Broadband Plan and Protecting Consumer Choice:  The Venture Capitalist Perspective with fellow VCs Brad Burnham from USV and Santo Politi from Spark Capital.  And, as a special bonus, I’m going over the CIA later today for a tour, although I can’t talk about it, so you didn’t just read that.

I don’t spend a lot of time in DC, in politics, or even following politics (I’ve never been a political junkie) so these short immersions are fascinating to me.  Hopefully when I look back on the time I’ve spent on this stuff I’ll feel like it’s been a productive effort for the cause of entrepreneurship and innovation in the US which is the thing I spend all my time actually working on by helping create new companies.


I promise I’ll write something thoughtful tomorrow and not torture you with more video and audio. 

Over the weekend, I did a fun interview with Howard Lindzon on StockTwits TV during his annual Lindzonpalooza event.  We covered a wide range of entrepreneurial topics and gave each other plenty of good natured shit.  Eek – I’m a looking a little chunky – note to self: more running, more swimming, less eating.  Or maybe it was just the camera.

This afternoon I did an interview with Jon Hansen on Blog Talk Radio about an article that Ariana Huffington wrote on the Huffington Post titled When It Comes to Innovation, Is America Becoming a Third World Country?  Jon does a good, thoughtful, long form interview. 

And – as a special bonus, I met Alan Levy, the co-founder and CEO of BlogTalkRadio, at Lindzonpalooza.  What an awesomely small world.


In March, I went to DC with Dave McClure, Eric Ries, Shervin Pishevar, and a bunch of Geeks on a Plane to discuss, advocate, and support the Startup Visa initiative.  As part of the effort, we did two videos about the trip – one staring me and one staring Shervin. Ben Henretig of Micro-Documentaries produced them – they have some striking images of DC along with plenty of commentary from me and Shervin about why the Startup Visa is important.

Eric Ries has a few other thoughts about the trip and things you can do to help the Startup Visa initiative.


While everyone is talking about health care, let’s not forget our friend the Startup Visa.  Two good articles appeared this morning.

Also, if you missed Thomas Friedman’s awesome OpEd this weekend titled America’s Real Dream Team – I encourage you to go take a look.



If you support the Startup Visa and have a blog or a website, put the Startup Visa Twitter Widget up on your site.

And – on March 2nd at 12 noon Pacific / 3 pm Eastern – we are going to do a Tweet Hall for the Startup Visa.  All you need to do is tweet @2gov supporting #startupvisa exactly at Noon Pacific on Tuesday March 2nd.  We’ll collect your Tweets and deliver them during our visit to the White House on March 4th.