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Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

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Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#81
post #22
post #15

The publisher of this "Study" is from New American Economy, a think tank "fighting for smart federal, state, and local immigration policies that help grow our economy and create jobs for all Americans." So I don't think it is 100% neutral in terms of its view on immigrants.

But do you suspect the methodology, the results, or the conclusion were "faked" or inaccurate? Or do you consider it an accurate piece but suspect the reasons behind publishing it? ...And suddenly a wave of downvotes in less than 2 minutes. No justified concerns attached to them though.

>But do you suspect the methodology, the results, or the conclusion were "faked" or inaccurate?

Selective definitions were used. They weren't hidden for anyone willing to look into the details, but if this was a political move (I'm not saying it was, but if it was) then the people who did it would know full well that the headline would have far more penetration than any statistical critique with how terms were defined. Another poster here used the term 'slight of hand'. One could describe it, if it was a political move, as a form of deceit without being an outright lie.

Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#83

Its strange to see Amazon on the list. Bezos was born to American parents but after they divorced his mother remarried to a Cuban immigrant. I dont think that makes him the son of immigrants.

Especially not when the study itself is clearly intended to be used as evidence to support a particular position on immigration policy. Makes it seem a bit cherry-picked.

What is the position?

Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#84

Definitely some selection bias. Many wealthy people in the US are immigrants. Also, many wealthy people probably choose to immigrate to the US to start their business because of lower barriers to entry. EDIT: Also, if this [1] is correct, 13.7% of people in the US are immigrants. So how many people are immigrants OR first-gen? And since ANY of the founders can be immigrants/first-gen, more founders means higher likel…

It isn’t only about founders either. How many immigrants have worked or invested on these companies to become what they are today and that’s one of the biggest advantages that drives US tech faster than any other country. Those skilled workers are often educated and grown up outside the US, which means government didn’t spend any subsidies to have them ready to work. That’s why H1B is a gold mine.

Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#85
post #62
post #42

I think problem is not in immigration but in type of immigration.So it would be nice not to stop by just say immigrants founded companies.It should be examined how many of that immigrants are highly educated and have parents like that and how many just enter USA in uncotrolled immigration.

I remember one of the first time the company I work for had a "First gen in tech" event. We had a funny discussion about how, technically, I was part of the target audience. I'm as much of a white western dude as they come, but I'm technically on a green card, my parents are not in the US, I'm the first of my family to be in tech. Checks all the boxes. In practice I'm definitely NOT the kind of person these things ar…

That's fine, you're still a valid part of the immigration discussion. For example as an American when I go to Canada I get more hassle than when I'm in Europe. If anything I'd assume it would be easier to go between Canada and the U.S. which are a lot more culturally similar than say Germany and France.

Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#86

Someone should interview those founders and ask them about their views on illegal immigration.

> Someone should interview those founders and ask them about their views on illegal immigration.

An important distinction the media never makes. To actually get at the real controversy, they should study how many of these founders jumped a fence and used a fake social security number.

Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#87
Is it broken down by origin, class, etc? If we parametrize financial success then it may make sense to prioritize certain countries, classes, etc for immigration while filtering out the less successful, for the sake economy, because that's what's important of course.

Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#88
post #74
post #59

Earlier quoted context omitted.

He may have acquired his grit through other means, in his words: > By the time I was twenty, I had lived through a Hungarian Fascist dictatorship, German military occupation, the Nazis' "Final Solution," the siege of Budapest by the Soviet Red Army, a period of chaotic democracy in the years immediately after the war, a variety of repressive Communist regimes, and a popular uprising that was put down at gunpoint... […

I'd be really curious about his viewpoints on the current US political landscape, considering he experienced real, actual fascism and not the label everyone throws around willy-nilly trying to tar and feather each other. Personally, whenever I hear the terms racist or fascist thrown around, racism and fascism never actually enter my mind, or at least extremely rarely. I just think "Oh, another person who disagrees wi…

If the only time you can recognize fascists is when they already have power, then you are completely helpless at preventing fascists from attaining that power.

There are always fascists. Some people who "throw around" that word have correctly identified them, perhaps others are mistaken. Surely it is up to you to figure who's figured it out if you would like to prevent fascists from seizing power.

Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#89
post #74
post #59

Earlier quoted context omitted.

He may have acquired his grit through other means, in his words: > By the time I was twenty, I had lived through a Hungarian Fascist dictatorship, German military occupation, the Nazis' "Final Solution," the siege of Budapest by the Soviet Red Army, a period of chaotic democracy in the years immediately after the war, a variety of repressive Communist regimes, and a popular uprising that was put down at gunpoint... […

I'd be really curious about his viewpoints on the current US political landscape, considering he experienced real, actual fascism and not the label everyone throws around willy-nilly trying to tar and feather each other. Personally, whenever I hear the terms racist or fascist thrown around, racism and fascism never actually enter my mind, or at least extremely rarely. I just think "Oh, another person who disagrees wi…

Because putting a certain race in literal concentration camps isn’t fascism but just different opinions.

Re: Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

#90

Earlier quoted context omitted.

Especially not when the study itself is clearly intended to be used as evidence to support a particular position on immigration policy. Makes it seem a bit cherry-picked.

What is the position?

That immigration is a positive for America.

Are you seriously asking?

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