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

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31–40 of 701 posts

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

#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.

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

#33
post #7

What percentage of all startups are founded by immigrants? If it's on the order of 51%, you can't rule out the possibility that this number just reflects the base occurrence rate of immigrants in the "population" of all startup founders.

I don't think that'd counter the author's point.

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

#34
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.

For a while, they were keeping green card holders from re-entering the country, and entirely barred people with legal visas from entry. It's clearly not about legality. It's a capricious approach to policy, which seems the message that after spending years navigating the legal system, and uprooting ones entire life to move to the US, one can be turned away for no particular reason.

This has a huge impact on legal immigration, which will have an impact on business in this country, both as we look abroad for strong workers and innovators.

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

#37
post #25
post #19

Earlier quoted context omitted.

No, Bannon has explicitly said he wants to reduce the number of ethnic minorities running tech companies. This is independent of their legal status.

I think that needs a citation with a clear quote.

This is the closest I can find:

“When two-thirds or three-quarters of the CEOs in Silicon Valley are from South Asia or from Asia, I think . . . ” Bannon said, not finishing the sentence. “A country is more than an economy. We’re a civic society.”

https://www.washingtonpost.com/politics/how-bannon-flattered...

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

#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 comparison.

Does anyone know of existing evidence to support this claim?

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

#39
post #25
post #19

Earlier quoted context omitted.

No, Bannon has explicitly said he wants to reduce the number of ethnic minorities running tech companies. This is independent of their legal status.

I think that needs a citation with a clear quote.

I think he maybe referring to this:

Bannon responded: “When two-thirds or three-quarters of the CEOs in Silicon Valley are from South Asia or from Asia, I think . . . ” he didn’t finish his sentence. “A country is more than an economy. We’re a civic society.”

http://www.theverge.com/2016/11/16/13653490/steve-bannon-tru...

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

#40
post #25
post #19

Earlier quoted context omitted.

No, Bannon has explicitly said he wants to reduce the number of ethnic minorities running tech companies. This is independent of their legal status.

I think that needs a citation with a clear quote.

Cant be any clearer http://www.vanityfair.com/news/2016/11/steve-bannon-racist-c...
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