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H-1B Lottery Outcomes and Entrepreneurial Success
- MPLan 2y agoA firm that goes from having about half of their H-1B applications succeeding to winning all of their H-1B applications (firms on average apply for 2.5 H-1B visas in a given year): - sees a 4.5 percentage point (10% more likely) increase in getting venture capital funding; - sees a 1.5 percentage point (20% more likely) increase in going public (IPOing on the stock market); - sees the number of patents increase by 4.8%. More details at - https://www.nominalnews.com/p/h-1bs-immigrants-with-degrees-spur https://www.nominalnews.com/p/h-1bs-immigrants-with-degrees-...