Longtime entrepreneurs and venture capitalists are sounding the alarm over President Trump’s new H-1B fee that would impact tech companies and the workers they hire from abroad. “Now we’re making H-1B sponsorship prohibitively expensive, cities outside the U.S., like Toronto, Vancouver, and London will pick up the talent,” Manny Medina, co-founder of Seattle startup Outreach, wrote on LinkedIn. “To my founder friends stuck in visa limbo: London’s doors are open,” he wrote in his post. Xiao Wang, CEO of Seattle immigration startup Boundless, said the policy would be a “blow to H-1B” and could hurt the country’s competitiveness. 3, respectively, for H-1B visa approvals issued to employees this year.