Billionaire VC Mike Moritz slams new H-1B visa fee as ‘brutish extortion scheme’
A former Sequoia Capital executive criticizes the White House's new H-1B visa plan, likening it to a mafia-style extortion scheme in a Financial Times op-ed.
MAIN POINTS
- The op-ed is published in the Financial Times.
- The author is a former Sequoia Capital executive.
- The White House's H-1B visa plan is criticized.
- The plan is compared to Tony Soprano's pork store.
TAKEAWAYS
- The op-ed uses strong language to criticize government policy.
- The comparison to a mafia operation suggests unethical practices.
- The critique is aimed at the White House's immigration strategy.
- The article highlights concerns over the H-1B visa changes.