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"There is already a visa for investors creating jobs so that is covered."

This visa (E-2 treaty investor visa) has deficiencies. Firstly, although there is no official minimum investment amount, in practice, as a founder you need to invest at least $50 to $100 thousand to have non-negligible chances of obtaining this visa. This excludes virtually all founders in this community who receive YC funding! Secondly, it requires the investor to own 50%+ of the company, hence it excludes most startups where the equity is roughly evenly distributed between 3 cofounders or more. Thirdly, only citizens of treaty countries can apply to this visa. This excludes about 110 countries in the world (only 80 countries on the list [1]).

[1] http://travel.state.gov/visa/fees/fees_3726.html



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