3 ms·
That number sounded surprising to me, so I decided to read the paper that it's sourced from which is available here [1]. The first company they listed is SpaceX
by TangoTrotFox 8y ago
That number sounded surprising to me, so I decided to read the paper that it's sourced from which is available here [1]. The first company they listed is SpaceX which of course is true. The next is Mu Sigma [2]. According to Wiki at least that company was founded in Bangalore. The next company was Palantir [3] which is Peter Thiel, so okay. The next is [4] Zenefits, which at least according to Wiki again was founded exclusively by an American. Shooting what seems to be 50% on the first 4 companies they list makes me kind of wonder about the accuracy of their numbers?
I'm not sure how they generated their list or numbers, but it does not seem well supported. I'm also unsure how they picked their 87 companies given that their are hundreds of companies with revenues north of $1 billion (which was their metric), that were of course all at one time or another just a twinkle in somebody's imagination.
[1] - http://nfap.com/wp-content/uploads/2016/03/Immigrants-and-Billion-Dollar-Startups.NFAP-Policy-Brief.March-2016.pdf http://nfap.com/wp-content/uploads/2016/03/Immigrants-and-Bi...
[2] - https://en.wikipedia.org/wiki/Mu_Sigma https://en.wikipedia.org/wiki/Mu_Sigma
[3] - https://en.wikipedia.org/wiki/Palantir_Technologies https://en.wikipedia.org/wiki/Palantir_Technologies
[4] - https://en.wikipedia.org/wiki/Zenefits https://en.wikipedia.org/wiki/Zenefits
- mhneu 8y agoLet's say "Many of America's tech companies were founded by immigrants, or the children of immigrants." Google, Sergey Brin Intel, Andy Grove Sun, Vinod Khosla Dropbox, Arash Ferdowsi Note that all of those came through Stanford or MIT. America's elite universities are hotbeds of immigrant talent that other countries would like to siphon off. The current war on america's multiculturalism (in pursuit of votes and political power) threatens to deeply damage America's universities, and thus its tech economy.