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Nearly Half of US Unicorns Have Foreign-Born Founders

22 pointsby ohjeez4 months ago

4 comments

claudiulodro4 months ago
Of these, half of the founders came to the US for university[1] (25% of all unicorns). That would be a pretty wealthy or non-representative group to begin with, since international tuition is very expensive, no? As a whole, immigrants have higher poverty rates in the US than native-born residents[2], which is also an interesting data point to juxtapose with this.<p>[1] <a href="https:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;stuartanderson&#x2F;2022&#x2F;07&#x2F;26&#x2F;most-us-billion-dollar-startups-have-an-immigrant-founder&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;stuartanderson&#x2F;2022&#x2F;07&#x2F;26&#x2F;most-...</a><p>[2] <a href="https:&#x2F;&#x2F;www.irp.wisc.edu&#x2F;publications&#x2F;focus&#x2F;pdfs&#x2F;foc262e.pdf" rel="nofollow">https:&#x2F;&#x2F;www.irp.wisc.edu&#x2F;publications&#x2F;focus&#x2F;pdfs&#x2F;foc262e.pdf</a>
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ssz4 months ago
This isn&#x27;t surprising to me since most of us upend our lives just to be in US, so we have more of an incentive to try harder to make it.
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Imnimo4 months ago
The US is only 5% of global population, so this suggests we&#x27;re leaving a lot of would-be unicorn founders on the table.
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zelda4204 months ago
How many are h1b1?
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