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Dig1t | 12 days ago

You are being downvoted but you are totally correct. The tech industry existed before the H1B and was growing rapidly. There’s no evidence at all that the industry would have stopped growing without the H1B or that any company started by an H1B wouldn’t have been started by an American.

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hshdhdhj4444|11 days ago

44% of unicorns founders between 1997 and 2019 were foreign born. 20% of those were specifically from India.

It seems like if Americans were just so much more dominant, they’d form a much higher percentage of unicorn founders given that the percentage of foreign born people in the US was about 15% at the highest.

Looks like foreign born immigrants are punching about 3 times their weight as startup founders.

https://gfmag.com/capital-raising-corporate-finance/us-unico...