BENGALURU: Immigrants have started greater than half (50 of 91, or 55%) of America’s startup companies valued at $1 billion or extra and are key individuals of control or product building groups in additional than 80% of these companies, says a learn about through the National Foundation for American Policy (NFAP) launched lately.
The numbers are higher than in 2016 when NFAP did a an identical learn about. Then, immigrants had been founders of 51%, or 44 of 87, of America’s startup companies valued at $1 billion or extra, and had been key individuals of control or product building groups in 71% of these companies.
While India in 2016 used to be the leading nation of starting place for the immigrant founders of billion-dollar companies, with 14 entrepreneurs on the list, the rustic used to be third within the 2018 list, with 8 entrepreneurs. Canada and Israel had 9 entrepreneurs each and every. In 2016, Canada used to be second, adopted through the UK and Israel.
At least 9 extremely a hit immigrant-founded billion-dollar companies had been lately received or went public in an IPO and, subsequently, were not integrated within the learn about. It’s an indication that the findings underestimate the contributions of immigrant entrepreneurs, the learn about mentioned.
The Indian-founded ones that had been received or went public come with Jyoti Bansal’s AppDynamics, Okay R Sridhar’s Bloom Energy, Jahangir Mohammed’s Jasper, Dheeraj Pandey, Ajeet Singh and Mohit Aron’s Nutanix, and Jay Caudhry’s Zscaler.
The numbers are higher than in 2016 when NFAP did a an identical learn about. Then, immigrants had been founders of 51%, or 44 of 87, of America’s startup companies valued at $1 billion or extra, and had been key individuals of control or product building groups in 71% of these companies.
While India in 2016 used to be the leading nation of starting place for the immigrant founders of billion-dollar companies, with 14 entrepreneurs on the list, the rustic used to be third within the 2018 list, with 8 entrepreneurs. Canada and Israel had 9 entrepreneurs each and every. In 2016, Canada used to be second, adopted through the UK and Israel.
At least 9 extremely a hit immigrant-founded billion-dollar companies had been lately received or went public in an IPO and, subsequently, were not integrated within the learn about. It’s an indication that the findings underestimate the contributions of immigrant entrepreneurs, the learn about mentioned.
The Indian-founded ones that had been received or went public come with Jyoti Bansal’s AppDynamics, Okay R Sridhar’s Bloom Energy, Jahangir Mohammed’s Jasper, Dheeraj Pandey, Ajeet Singh and Mohit Aron’s Nutanix, and Jay Caudhry’s Zscaler.
US: Immigrants behind over 50% bn-dollar startups
![US: Immigrants behind over 50% bn-dollar startups]()
Reviewed by Kailash
on
November 13, 2018
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