What about cap-exempt H1Bs? There are tons of new companies which streamlined the process and which are offering "nearly-guaranteed H1B with no lottery"
A cap-exempt H-1B doesn't let you work for a "company".
Only universities, university-affiliated nonprofits, nonprofit research organizations, and government research organizations can sponsor one. Furthermore, even after you obtain a cap-exempt H-1B, you would be required to go through the lottery like anyone else if you want to work at an employer subject to the H-1B cap.
How can _anyone_ bypass lottery when that's a USCIS process?
Yes - When Microsoft requests 14,000 H-1Bs after laying off 9,000 American workers, it's above and beyond the 85k cap.
There is no such thing for tech companies. Not sure where you heard about it.
Only non-profits are allowed to skip the lotteries. I've seen it apply to universities and hospitals, but never to a for-profit tech company,