Re:44% Unicorn Startups in the US were founded by foreign wo...
by rayiner on Sunday April 28, 2024 @07:28AM
(#40187781)
> People confuse cause and effect here. These places become so great because of the people that move there.
What’s your evidence for this? It’s more plausible that immigrants come to rich places for the potential to make money.
I don’t know about the Netherlands, but Silicon Valley arose in America during a time of historically low immigration. 1920s immigration reforms caused the foreign born population to drop from 15% to under 5% by 1970. Bill Shockley was born in London to American parents but raised in America. Six of the “traitorous eight” that founded Fairchild semiconductor were born in America. All the founders of Intel were born in America, same for AMD.
What’s your evidence for this? It’s more plausible that immigrants come to rich places for the potential to make money.
I don’t know about the Netherlands, but Silicon Valley arose in America during a time of historically low immigration. 1920s immigration reforms caused the foreign born population to drop from 15% to under 5% by 1970. Bill Shockley was born in London to American parents but raised in America. Six of the “traitorous eight” that founded Fairchild semiconductor were born in America. All the founders of Intel were born in America, same for AMD.