As tech leaders across Silicon Valley blasted President Donald Trump’s new $100,000 H-1B visa fee as a threat to innovation, Netflix cofounder Reed Hastings broke ranks, calling it “a great solution.”
In an X post on Sunday, Hastings said he has worked on H-1B politics for three decades and argued the steep cost would reserve visas for “very high-value jobs,” eliminating the lottery and giving employers more certainty.
Hastings’ support is surprising for a few reasons. For one, as one of the biggest Democratic ‘ megadonors ‘ who is heavily involved with party politics, he rarely endorses any of Trump’s actions and in fact has said the President “would destroy much of what is great about America.”
Secondly, Hastings’ support cuts against the dominant mood in the tech industry, whe