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Unicorn in the USA: Indians aren't stealing American jobs, they're building entire HR depts
TOI correspondent from Washington: For a country currently engaged in a vigorous debate about whether immigrants are stealing jobs, swiping opportunities, overwhelming the system, and generally causing western civilization to collapse, the United States has produced a rather awkward statistic. According to a new policy brief by the National Foundation for American Policy (NFAP), immigrants have founded or co-founded 455 of America's 775 unicorns -- the term for a private startup company...
India leads among immigrant founders of US billion-dollar startups
Indian entrepreneurs have emerged as the largest immigrant group behind America's billion-dollar startup ecosystem, founding or co-founding 96 US unicorns, according to a new study that underscores the growing influence of Indian talent on the world's biggest innovation economy. The report by the National Foundation for American Policy (NFAP) found that immigrants have founded or co-founded 455 of America's 775 privately held startups valued at $1 billion or more, accounting for 59% of all...
How Indian immigrants have fueled billion-dollar startups in America over the years
American startups founded by immigrants are creating an average of 833 jobs per company and are collectively worth nearly $5 trillion, according to a new report by the National Foundation for American Policy (NFAP). Indian immigrants, the report says, have emerged as the largest contributor to this success story, founding or co-founding more billion-dollar startups in the United States than immigrants from any other country. “The research indicates that more open immigration policies will...