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

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

#151

Post by krageon » Tue, Jul 23, 2019, 6:54 AM UTC

metalchianti wrote: post #8

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…

Fundamentally practically every US-citizen is an immigrant or of immigrant descent. They came in, slaughtered the natives and are now claiming nobody else can come in. The endemic racism and xenophobia looks to the outsider mostly like a complex, affirming that they definitely do belong while trying as hard as possible not to consider that other people belong just as much as they do.

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

#152

Post by llamathrowaway » Tue, Jul 23, 2019, 8:34 AM UTC

gingabriska wrote: post #49

256 wrote: post #38

Earlier quoted context omitted.

There are a lot of other differences between America and China that make this a terrible comparison.

Japan, Korea, Germany are also in line and also India (with successful space program without immigrants). There are many countries which are successful without immigrants, some of them are even democracies.

FWIW, the richest man in Japan is the son of Korean immigrants.

https://en.m.wikipedia.org/wiki/Masayoshi_Son

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

#153

Post by [deleted] » Tue, Jul 23, 2019, 3:24 PM UTC

rayiner wrote: post #60

harryh wrote: post #31

The way they handle companies with > 1 founder is a bit weird. If there is at least one immigrant / 1st gen American it's counted in the "founded by" category. And then the 45% is taken by looking at things just at the company level. I think it would tell a clearer picture to count the total number of founders and count the percentage of people who were immigrants / 1st gen americans. Then, to give context, you would…

The article also appears to count companies as “founded by immigrants” if they’re the result of a merger where one of the original companies was founded by immigrants. United Technologies, for example, is a huge conglomerate. I have no idea who the immigrant founder is supposed to be. Moreover, a quarter of America’s population fits into the category of “immigrants or children of immigrants.” At the time many of thes…

[deleted]

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

#154

Post by toiletfuneral » Tue, Jul 23, 2019, 7:56 PM UTC

merpnderp wrote: post #109

toiletfuneral wrote: post #89

Earlier quoted context omitted.

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

People losing their minds over this would sound a lot more sincere and principled if they'd been even half as upset about Obama placing kids in actual cages with a much higher per capita death rate. Now they just sound like ideologues grinding a political axe. But maybe that's just my differing opinion.

For sure, I have absolutely no problem accusing Obama of similar behavior

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

#155

Post by selimthegrim » Wed, Jul 24, 2019, 2:42 PM UTC

selimthegrim wrote: post #144

pjc50 wrote: post #103

Earlier quoted context omitted.

That's a little difficult given that he died in 2016. There are not so many people left alive who remember the hard end of WW2-era fascism. The one I always refer people to, written in 1995 but applicable to any time, is Umberto Eco's "Ur-Fascism". http://www.pegc.us/archive/Articles/eco_ur-fascism.pdf - written from his personal experience as a young boy in fascist Italy at the time of its liberation. The full essay…

So Peter Thiel is an alt-fascist (via Evola)?

I confused Guénon (Evola's friend) and Girard. My bad.

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

#156

Post by swordsmith » Wed, Jul 24, 2019, 5:41 PM UTC

cabaalis wrote: post #86

lazyjones wrote: post #34

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.

Exactly. It's offensive to put legal immigrants (at least to my family and people we know) in the same category as illegal immigrants, and use our success to justify illegal immigration.