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Foreign-Born Entrepreneurs Drive America's Unicorn Boom

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Re: Foreign-Born Entrepreneurs Drive America's Unicorn Boom

#11
post #3

> The next time someone talks about restricting immigration, show them this: Nearly half of America’s billion-dollar startups were founded by people born outside the United States. I don't think the people that talk about restricting immigration care about the number of billion dollar companies that immigrants create

You use Elon Musk as argument there and everyone left of center will join call for retroactive immigration restriction.

Re: Foreign-Born Entrepreneurs Drive America's Unicorn Boom

#13
post #3

> The next time someone talks about restricting immigration, show them this: Nearly half of America’s billion-dollar startups were founded by people born outside the United States. I don't think the people that talk about restricting immigration care about the number of billion dollar companies that immigrants create

Yeah, I don't think people of any country would appreciate being told that foreigners are better than them in some way, and that's why they should be brought in. I think most people would not assume that successful companies would be much rarer without those people - only that other people would be founding them.

Re: Foreign-Born Entrepreneurs Drive America's Unicorn Boom

#14
Foreign born people who come from generational wealth can and do exploit'disadvantaged' business enterprises (DBE, MOBE, etc.) I am not tech field but AEC and the amount of businesses that exploit this is insane. It was created for blacks mostly, but used almost exclusively by Indians.

Re: Foreign-Born Entrepreneurs Drive America's Unicorn Boom

#15
Counterpoint - this just indicates how screwed up things are. If you’re saying this as a positive thing, it isn’t.

Most people don’t want to compete with the global 1% - to import students from the Stanford of every country. Having policies your own population fails to thrive under does nothing but stoke division.

This is just ammo for the anti-immigration people, and they’re already at the “elect Trump, turn ICE into a military” point. How tone deaf do you have to be to see this as a positive thing?

Re: Foreign-Born Entrepreneurs Drive America's Unicorn Boom

#17
post #3

> The next time someone talks about restricting immigration, show them this: Nearly half of America’s billion-dollar startups were founded by people born outside the United States. I don't think the people that talk about restricting immigration care about the number of billion dollar companies that immigrants create

Most people don't care how many billion dollar companies anyone creates in my experience.

Re: Foreign-Born Entrepreneurs Drive America's Unicorn Boom

#18
post #14

Foreign born people who come from generational wealth can and do exploit'disadvantaged' business enterprises (DBE, MOBE, etc.) I am not tech field but AEC and the amount of businesses that exploit this is insane. It was created for blacks mostly, but used almost exclusively by Indians.

To claim that a rule was created for a particular race is unfair to begin with, even if that was a motivation. Rules exist equally for everyone.

Re: Foreign-Born Entrepreneurs Drive America's Unicorn Boom

#19

Counterpoint - this just indicates how screwed up things are. If you’re saying this as a positive thing, it isn’t. Most people don’t want to compete with the global 1% - to import students from the Stanford of every country. Having policies your own population fails to thrive under does nothing but stoke division. This is just ammo for the anti-immigration people, and they’re already at the “elect Trump, turn ICE int…

It is a positive thing. What do you think keeps the stock market pumping if not the acquisitions of smaller firms by large firms? Even if they're not acquired, their existence itself adds to the total market cap.

Re: Foreign-Born Entrepreneurs Drive America's Unicorn Boom

#20

Counterpoint - this just indicates how screwed up things are. If you’re saying this as a positive thing, it isn’t. Most people don’t want to compete with the global 1% - to import students from the Stanford of every country. Having policies your own population fails to thrive under does nothing but stoke division. This is just ammo for the anti-immigration people, and they’re already at the “elect Trump, turn ICE int…

It is a positive thing. What do you think keeps the stock market pumping if not the acquisitions of smaller firms by large firms? Even if they're not acquired, their existence itself adds to the total market cap.

I think optimizing for the stock market is what's leading to political instability and making our country a worse place to live; I think it would be great if we threw a wrench into it (although admittedly, any thrown wrench would be smaller than the collective AI-psychosis it's currently undergoing).
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