Palihapitiya cites data showing H-1B average salary is slightly under $120,000, disputing highly skilled worker narrative.
“It's not really that case. And so I think the average salary, I just wanna get this exactly right, it's slightly under a $120,000.”
Palihapitiya argues $120,000 salary doesn't match claim of best-in-class PhDs at well-funded tech companies.
“Now if you started to tell me that these were the best in class PhDs in all of these whiz bang industries where the companies are raising billions and billions of dollars, you guys already know that this salary would not pass the smell test.”