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The desire from those abroad to join our ranks is overwhelming. Tens of millions have applied for the limited amount of diversity visas available every year, illustrating the demand and need to maintain this vital path to American citizenship.

The immigration issue is, I recognize, one that generates a lot of passion, but it does not make sense for us to want to push talent out.

Already we're seeing graduates of U.S. higher education going back to their home countries and contributing to societies there, where in the past they would have stayed in the U.S. and built new companies here. We have to have immigration reform that allows talented foreigners to become Americans.

I want to stop the influx of new immigrants. This way, we can give those who are already here the opportunity to fully integrate into our society.

Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow.

Our immigration system is a broken system that needs to be fixed. We need reform that provides hardworking people of good character with a real path towards citizenship.

As an immigrant, my wish is that we fix immigration. At Sequoia, we've backed a number of exceptional founders that were born abroad but started their careers in the Valley. They've created immense value, but more importantly, massive numbers of jobs locally, nationally and globally.

Our young immigrants have a lot to offer. They are motivated and hard-working, and in many cases have already contributed significantly to our society - by excelling in school, by volunteering in their communities, or by serving in the military.

We have a lot of employers who are looking for skilled workers and not being able to find them. And we have workers who lack the requisite skills to access these good-paying jobs in high growth industries.

While we should certainly be investing in our own STEM education, we should take advantage of the thousands of international students who come here to study and are ready to fill these gaps immediately upon graduation.