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.