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A comment on 44% Unicorn Startups in the US were founded by foreign workers. Parent comment

Re:44% Unicorn Startups in the US were founded by foreign wo... by indymike on Sunday April 28, 2024 @07:10AM (#40187687)
> but what's the proof?

The proof was given.

> It's easy to think of counterexamples.

There is a difference between huge cities of cheap labor and innovation hubs.

> you're not exactly seeing a flood of Latin-America-born founders

Maybe not of tech companies, but you'll be shocked how many highly profitable "boring" companies like construction companies, staffing agencies, and auto sales/repair companies are owned by Latina/Latino owners. BTW: owning a business is legal, even if you are in the US illegally, also that has fueled a boom.

[ Parent | on HN ]
Re:44% Unicorn Startups in the US were founded by foreign wo... by Tade0 on Sunday April 28, 2024 @07:51AM (#40187920)
You can make an equally strong case that it's actually having young people - no matter their origin - that fuels innovation.

Immigration is just a faster method of getting that effect.

[ Parent | on HN ]