Jeff Farrah Contributor Share on Twitter Jeff Farrah is the general counsel of the National Venture Capital Association. Big changes in DC could mean that more startups will need the government’s permission before foreign nationals do work at the company. In some cases, the foreign national will need to leave the company if the government is wary of granting that permission. This is tied up in the same new law that gave a once obscure government body—CFIUS—enhanced abilities to scrutinize minority, non-controlling investments by foreign entities. CFIUS changes have grabbed most of the headlines, but a Commerce Department process to define “emerging technologies” could have a huge effect on startups that employ foreign nationals.
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