And people know that the US is friendlier to startups/business than other countries, so founders will come to the US. They didn't just happen to be here.
Does the "I can always go back whence I came" also lower the perceived risk? If a domestically-born founder fails they aren't apt to have anywhere else they can go, thus having to stick around to deal with the fallout.
tons of studies show children of bottom income quintile immigrants have far more economic mobility than non-immigrants children in the bottom quintile, so there is something to it, even if it is not as simple as laziness.
jerlam|1 year ago
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s1artibartfast|1 year ago