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Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

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Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#141

Post by dragonwriter »

icu wrote: post #130
capocannoniere wrote: post #67

I assume what they really mean by Immigrants Founded 51% of U.S. Billion-Dollar Startups is that 51% of $1B+ U.S. startups have at least one immigrant founder , right? (as opposed to 51% of unicorn founders are immigrants )

From what I've read of the report, the 51% were all 100% legal immigrants. Therefore I'm wondering what exactly is the news story here? Would the Wall Street Journal really lead with a headline "Legal Immigrants Founded 51% of U.S. Billion-Dollar Startups"? I really doubt it... and think the title is disingenuous because it implies the notion that all immigration is good. I don't buy that line of reasoning and I have…

> From what I've read of the report, the 51% were all 100% legal immigrants.

Anti-immigrant policies, including ones sold on rhetoric about illegal immigration, often include changes to reduce levels of legal immigration or erect new cosrs and/or procedural obstacles to it, so that people who were legal immigrants under the old system would be prevented or discouraged from legal immigration under the new system.

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#142

Post by greenshackle2 »

bayesian_horse wrote: post #32

One of the basic premises of anti-immigrant policies is that you can somehow influence the ratio of "useful" vs "not-useful" immigrants. Apart from the idea of sorting people into useful and useless being inhumane, it also seems to be counterproductive. It looks like every kind of screening of immigrants will deter the more desirable ones, as far as that determination is possible on their arrival at all.

> you can somehow influence the ratio of "useful" vs "not-useful" immigrants.

I'm sure it's possible to do it, if you take a narrow enough view of 'usefulness', e.g. 'usefulness' = measurable economic productivity. You can screen out people with expensive preexisting medical conditions, people who cannot work, etc., and that will obviously raise the average productivity of immigrants. But it's immoral. Rich host countries are poaching productive individuals while selecting against people who are most in need of help, leaving them to be taken care of by their (usually) poorer country of origin. The fair thing to do would be to accept a random sample of would-be immigrants.

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#143

Post by stagbeetle »

bjelkeman-again wrote: post #126
am_i_down wrote: post #83

Earlier quoted context omitted.

The distinction often is more akin to "promising" and "not promising". Universities, employers, creditors, those looking for a spouse, etc. Everyone does it to some degree. Why can't a country?

I never finished university, and I started a bunch of companies. How do you sort out people on a "promising"/"not promising" scale for doing good things for the economy?

You don't and you're not sorted for that sort of thing.

As a fellow dropout, I think you just took this chance to show-off (like many dropouts/unconventionally successful do).

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#144

Post by oh_sigh »

surfmike wrote: post #101
rayiner wrote: post #72

Earlier quoted context omitted.

> Think Manhattan project So established scientists from Western countries?

Don't comment about history you know nothing about. https://www.forbes.com/sites/stuartanderson/2011/11/11/a-vet... Edit: I apologize for the snark. As long as Hungary, Russia, Poland are counted as the West (and they generally are), then I agree with you.

Perhaps you should comment on what exactly you find wrong with the original post. My reading is that your article is actually supporting the person you replied to.

"Why did the immigrant scientists succeed? Clearly these were some of the most highly-skilled people on earth but it was something more. Beyond their skills, Laura Fermi notes the unique characteristics and emotions that the foreign-born scientists brought to the atomic project: “The determination to defend America at all costs spurred the newcomers no less than the Americans, and the European-born may have come to this determination somewhat earlier than the native-born, driven by stronger personal emotions. The picture of their country under Nazi power in the event of a German victory was something the Americans could imagine only with difficulty.” That was not the case for those who had already seen their countries overrun."

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#145

Post by halomru »

sneak wrote: post #61
TuringNYC wrote: post #41

The irony here: Some people see studies like this and think, wow, think of how much we'd lose if we didnt let in immigrants. Our economy would be smaller, we'd have fewer jobs, etc. Other people see studies like this and think, wow, only us locals should own, run, and be employed by these Billion-Dollar Startups. Bannon has explicitly noted this as a goal!

This sense of entitlement due to physical proximity of birthplace is completely arbitrary, ridiculous, and counterproductive. Discriminating on nationality (which most had zero choice in, and was decided for them at birth) is the same as discriminating based on skin color or biological sex. It's just standard anticompetitive in-group/out-group fear-driven nonsense.

It's not about birthplace. People mostly don't care where the baby was born, they care how it was raised. It's really about culture. Birthplace, nationality and skin color just happen to be good indicators for culture.

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#146

Post by rdl »

stale2002 wrote: post #121
xapata wrote: post #111

Earlier quoted context omitted.

I'm not a fan of central planning. The market is usually more efficient at deciding what jobs are useful.

We are already centrally planning immigration. Changing the numbers around on our existing centrally planned system doesn't make it any more or less centrally planned.

It would be interesting to have baseline federal standards and then let states handle some immigration decisions, actually. In Canada the provinces can do that (so e.g. Quebec can fast-track you for citizenship for speaking French). In Switzerland it is basically all at the Cantonal level.

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#147

Post by qaq »

oh_sigh wrote: post #133
surfmike wrote: post #60

Earlier quoted context omitted.

Um, not much? Immigrants as a whole pay their way in the United States, have lower crime rates. The revenue generated by Google, Chobani, and other companies is not "Mickey mouse" money. Not to mention that Microsoft and Google both picked immigrants to be their leaders.

I'll assume you're talking about Brin when including Google in your post. He was 6 years old when he came to America. Maybe that is what is important. Did anyone pull stats on the value of companies started by immigrants who came to America already fully grown?

Right so if his parents did not move he would've entered US by himself at 6, same thing for Jobs.

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#148

Post by ugabugawoowop »

swanson wrote: post #38

The linked study has one "key finding" that "The billion dollar startup companies with an immigrant founder excel at job creation" but I don't see anything in the study to indicate how the job creation at these immigrant founded companies compares to "non-immigrant" founded companies. The provided data appears to just be a table listing how many jobs were created at these companies with no mechanism for relative comp…

this study is bullshit, don't bother

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#149

Post by jorvi »

ericjang wrote: post #21
Cuuugi wrote: post #10

Whenever I see "Immigration" in the title, i think anti-Trump and get sad. No one is trying to stop legal immigration. Tech companies are mad because they are cracking down on H1-B Visa abuse. This is not a bad thing.

Issues of H1-B Visa abuse aside, I think this guy was trying to stop legal immigration: http://www.seattletimes.com/seattle-news/crime/kent-shooting... I don't think articles like "Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups" are all about anti-Trump, it's more like pointing out to the American public that immigrants are not a tax on the rest of society.

Not true. 70% of Somalians in The Netherlands are still on welfare after 2 years. Most other Africans, most Middle-Eastern types etc all hover between 25 and 50%. In comparison, most Europeans hover around 1-5%. And this is from the CBS (Central Bureau of Statistics), which is a government institution.

https://www.cbs.nl/nl-nl/nieuws/2015/31/zeven-van-de-tien-so...

Edit: guys.. just read the link or come with rebuttals instead of this lame cop-out when facing the truth. I thought we are people of science and facts here?

Re: Study: Immigrants Founded 51% of U.S. Billion-Dollar Startups

#150

Post by freehunter »

GrinningFool wrote: post #91
coldpie wrote: post #55

Earlier quoted context omitted.

Green card holders? Refugees? Migrants' family members? Don't try to paper over or make excuses for the blatant racism espoused by the Republican party.

> by the Republican party. By some members of it, anyway. The Republican party is no more a united front than the Democrat party at the moment.

As long as the Republican leadership stands with Trump, they're one and the same. The party in power does not get to separate themselves from the words and actions of the president or Congress.

If you don't feel that the actions of the Republican leadership represents your viewpoints, you are not a Republican. Republicans put Trump in power and are keeping Trump in power and they are directly responsible for anything that comes from that.

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