4 ms·

Pretty much. 40% of Fortune 500 companies were founded by immigrant families. Likewise, 7 of the top 10 brands in the world were founded by U.S. immigrants or

Pretty much. 40% of Fortune 500 companies were founded by immigrant families. Likewise, 7 of the top 10 brands in the world were founded by U.S. immigrants or their children. https://www.forbes.com/sites/stuartanderson/2011/06/19/40-percent-of-fortune-500-companies-founded-by-immigrants-or-their-children/#156be9a14a59 https://www.forbes.com/sites/stuartanderson/2011/06/19/40-pe...

wil421 9y ago
Of course 40% of businesses were stared by immigrants. America is the land of immigrants. The articles states since 1850. Even the Trump families subsequent good fortunes were made possible by an immigrant. Most of my friends and extended families have a grand parent or two who were immigrants. If not grand parent then great grand parent.
- bduerst 9y ago
  If you read the article, you'd see the criteria for which they describe it as being either an immigrant (18% of Fortune 500 founders) or the child of an immigrant (22% of Fortune 500 founders). Grandchildren are not included, hence Donald Trump doesn't qualify.
  - moomin 9y ago
    It's that, or 60% of Fortune 500 companies were started by native americans.
    - deleted 9y ago
      [deleted]
  - oh_sigh 9y ago
    True, but on the other hand, if 5 people found a company, and one of them is an immigrant or the child of an immigrant, that counts as an immigrant founded company, even if the company would have been founded without that one person.
  - wil421 9y ago
    The reason I quoted grand parents is because a good amount of Fortune 500s were created in the 1900s. That would be my parents to grandparents generations not millenials.
    - bduerst 9y ago
      Fortune 500 companies founded since 1985 are more likely to be founded by immigrants (20%) than companies founded before 1985 (17%). This isn't about your grandparents.
      - wil421 9y ago
        The definition of immigrant founder, as others have pointed out, is an immigrant or a child of an immigrant. I wasn't born in 1985 so it is almost as much about my grand parents (17%) as it is about me (20%). My definition of immigrant is not a child of an immigrant.
        bduerst 9y ago
        Fortune 500 companies founded in the last 25 years are more likely to be founded by immigrants. Not immigrants and their children - just immigrants. Regardless of your play on semantics, you're still wrong about your grandparents.
ethbro 9y ago
I was a big fan of a lot of US brands putting up subtle (or not-so-subtle) pro-immigrant Superbowl ads. F.ex. Budweiser: https://m.youtube.com/watch?v=HtBZvl7dIu4 https://m.youtube.com/watch?v=HtBZvl7dIu4
geebee 9y ago
How many of those immigrants were sponsored by a corporation or investor and restricted in how and where they could work by the terms of their employment? How many came here as free and full members of the workforce, allowed to pursue their own career paths as they saw fit? There's a huge difference between supporting immigration and employer controlled visa programs.
- bduerst 9y ago
  The newest fortune 500 companies (founded last 25 years) are more likely to have an immigrant founder. Corporate sponsorship (H1B, etc.) was part of the Immigration Act of 1965, meaning that even in lieu of more restrictive immigration, immigrants are still heavy hitters for generating jobs and revenue.

wil421 9y ago

Of course 40% of businesses were stared by immigrants. America is the land of immigrants. The articles states since 1850. Even the Trump families subsequent good fortunes were made possible by an immigrant. Most of my friends and extended families have a grand parent or two who were immigrants. If not grand parent then great grand parent.

bduerst 9y ago
If you read the article, you'd see the criteria for which they describe it as being either an immigrant (18% of Fortune 500 founders) or the child of an immigrant (22% of Fortune 500 founders). Grandchildren are not included, hence Donald Trump doesn't qualify.
- moomin 9y ago
  It's that, or 60% of Fortune 500 companies were started by native americans.
  - deleted 9y ago
    [deleted]
- oh_sigh 9y ago
  True, but on the other hand, if 5 people found a company, and one of them is an immigrant or the child of an immigrant, that counts as an immigrant founded company, even if the company would have been founded without that one person.
- wil421 9y ago
  The reason I quoted grand parents is because a good amount of Fortune 500s were created in the 1900s. That would be my parents to grandparents generations not millenials.
  - bduerst 9y ago
    Fortune 500 companies founded since 1985 are more likely to be founded by immigrants (20%) than companies founded before 1985 (17%). This isn't about your grandparents.
    - wil421 9y ago
      The definition of immigrant founder, as others have pointed out, is an immigrant or a child of an immigrant. I wasn't born in 1985 so it is almost as much about my grand parents (17%) as it is about me (20%). My definition of immigrant is not a child of an immigrant.
      - bduerst 9y ago
        Fortune 500 companies founded in the last 25 years are more likely to be founded by immigrants. Not immigrants and their children - just immigrants. Regardless of your play on semantics, you're still wrong about your grandparents.

ethbro 9y ago

I was a big fan of a lot of US brands putting up subtle (or not-so-subtle) pro-immigrant Superbowl ads. F.ex. Budweiser: https://m.youtube.com/watch?v=HtBZvl7dIu4 https://m.youtube.com/watch?v=HtBZvl7dIu4

geebee 9y ago

How many of those immigrants were sponsored by a corporation or investor and restricted in how and where they could work by the terms of their employment? How many came here as free and full members of the workforce, allowed to pursue their own career paths as they saw fit? There's a huge difference between supporting immigration and employer controlled visa programs.

bduerst 9y ago
The newest fortune 500 companies (founded last 25 years) are more likely to have an immigrant founder. Corporate sponsorship (H1B, etc.) was part of the Immigration Act of 1965, meaning that even in lieu of more restrictive immigration, immigrants are still heavy hitters for generating jobs and revenue.