Bigger India
More Than Half of Billion Dollar Companies Founded by Immigrants: Indian Americans Lead Unicorns, Says Report
India led the list of immigrant founders, followed by immigrants from Canada and the U.K., which had eight entrepreneurs apiece.
More than half of the “Unicorns” – pre-IPO companies with a valuation of at least $1 billion – founded in the U.S. over the past two decades have at least one immigrant founder, summated a report released by the National Foundation for American Policy.
The report was based on a 2016 study by the organization, which surveyed 91 U.S. Unicorns. Fifty of the companies had immigrant founders or co-founders and immigrants who served in key roles at those companies.