Interesting fact: 3 out of 5 top tech companies in America were
founded by immigrants or the children of immigrants.
Do the math: More than 40 % of Fortune 500 companies were
founded by immigrants or their children.
In fact, 40 % of Fortune 500 companies were
founded by immigrants or their children.
Half of U.S. - based unicorns — technology startups worth at least $ 1 billion — were
founded by immigrants.
That's because the tech industry was
founded by immigrants — Elon Musk, Satya Nadella and Sergey Brin are just a few prominent foreign - born CEOs — and it relies heavily on foreign workers, particularly those on H - 1B visas.
More than half of the highest - valued startups in the U.S. were
founded by immigrants, according to a study from the National Foundation for American Policy.
In fact, seven of the 10 most valuable brands in the world come from American companies
founded by immigrants or their children, including Apple, Google, AT&T, GE, IBM and McDonald's.
Forty percent of Fortune 500 companies were
founded by immigrants or the children of immigrants and H - 1B workers fulfill highly paid roles where existing demand can not be met by domestic candidates, he said.
Many are key job creators, since companies
founded by immigrants that are backed by venture capital have created an estimated average of 150 jobs per company and generated $ 63 billion in sales.
In addition, according to a report by The Partnership for a New American Economy, more than 40 percent of Fortune 500 companies were
founded by immigrants (or their children).
For many in tech, this travel ban hits close to home, since many of the top companies in the industry — including Google, Tesla, Uber, and Intel — were
founded by immigrants.
It's no wonder they make great entrepreneurs, or that roughly half of all Silicon Valley startups are
founded by immigrants.
«We are a nation
founded by immigrants, and our ability to remain competitive globally depends on seeking out and investing in the best ideas and talent regardless of origin,» says Kate Mitchell, co-founder and partner at Scale Venture Partners.
In fact, more than half of U.S. companies valued at over $ 1B were
founded by immigrant entrepreneurs.
Not exact matches
According to the study, authored
by Vivek Wadhwa, an Indian - American entrepreneur and academic, who is currently vice president of academics and innovation at Singularity University, the proportion of
immigrant -
founded companies across the country has fallen nearly 4 % in the past seven years.
Apple CEO Tim Cook weighed in as well, writing in his own memo to his workforce that the company —
founded by Steve Jobs, the son of an
immigrant from Syria, one of the impacted countries — «would not exist without immigration, let alone thrive and innovate the way we do.»
A recent study
by the Kauffman Foundation
found that, in 2005 alone,
immigrant -
founded U.S. engineering and technology companies produced $ 52 billion in sales and employed 450,000 workers.
The survey
findings highlight an important factor being overlooked
by policymakers in Washington: the economic contribution made
by immigrants.
According to a study
by the New American Economy,
immigrants or their children
founded more than 40 percent of the companies on the Fortune 500 list in 2010.
In Silicon Valley, the percentage of
immigrant -
founded companies has declined
by 8.5 percent since 2005, the first such drop in recent history.
Immigrants who avoid ICE face the possibility of exploitation
by employers: A 2008 survey from the National Employment Law Project
found that 51 % of all undocumented workers in New York City were underpaid
by more than $ 1 per hour, and 47 % said they were required to work after sustaining an injury on the job.
But a 2012 study underwritten
by the Kauffman Foundation concluded that «
immigrant -
founded companies» dynamic period of expansion has come to an end.»
A study
by the Pew Research Center has
found that in the last 20 years migration flow from Mexico to the U.S. has been cut down significantly, and in the past decade more Mexican
immigrants have been leaving the country than coming in.
21CF is a global company, proudly headquartered in the U.S.,
founded by — and comprising at all levels of the business —
immigrants.
Elie Tahari, Ltd. is a fashion company
founded by Israeli
immigrant Elie Tahari in 1974.
It was originally
founded and settled
by German
immigrants, and was the largest producer of brownstone on the east coast until the early 1930s.
Founded in 2011 and backed
by Amazon.com Inc (AMZN.O) Chief Executive Jeff Bezos's venture capital arm, Remitly is among a vanguard of financial technology, or fintech, companies targeting what they view as an underserved
immigrant market - traditionally disregarded as high - risk and low - margin.
Babel Ventures, a Silicon Valley firm
founded in 2017
by Bárbara Kunde Minuzzi,
immigrant Latina entrepreneurial investor, announced $ 30 million raised to invest in biotech startups.
Holland was
founded in the 1850s
by Dutch
immigrants led
by Albertus C. VanRaalte.
Any one of these would help address the skills gap — the inability of willing employers to
find workers with the right skills and qualifications —
by enabling qualified, job - creating
immigrant entrepreneurs to open more U.S. businesses.
But now those are already there at yours maybe if you prepare them right as to education and training for finally deputing them to return to their own countries with the needful backup and authority they will be useful tools for the advancement and prosperity of their nations then you will have no one wanting to immigrate leaving behind their own families and friends... in addition to that you will see those who immigrated towards your country start moving back to their own countries and this is the only solution to resolve the issue of illegal immigration and to
find peace... otherwise if things go on as it is today surely slowly slowly you will
find that your own countries become inherited
by piling up
immigrants who might get starved due negligence turn on against the Host country... that has contributed in the destructions of their countries but not towards and advancements or developments of their countries and nations to
find peace and make a living..!?
«The Rise of Asian Americans,» a study released on Tuesday
by the Pew Research Center, got a lot of press for
finding that new Asian
immigrants now outnumber new Hispanic
immigrants.
The parish was
founded in 1846, and the church was constructed in 1854
by Irish
immigrants and furnished with generic Catholic icons.
America was
found by illegal
immigrants rofl.
Like
immigrant Protestants, Catholics, and Jews before them, Muslim
immigrant families are seeking to
find their place in American society on the basis of their distinctive religious identity, not
by renouncing it.
Yes, but the
immigrants assimilated into the larger American society
by adopting our
founding principles - life, liberty, the pursuit of happiness - not
by insisting society adapt to the cultures they came from.
The isolationist party, best known
by the name of America First, was in fact a jumble of people with a whole variety of agendas: there were those who believed that the United States should have no truck with Europe and its wars, there were socialists who
found nothing to choose among the imperialists on both sides, and there were those who believed that Germany's was not necessarily the wrong side to be on, this latter group itself being a kind of odd amalgam of Anglophobes, anti-Semites who said that the war against Hitler was merely a Jewish war, and
immigrant German patriots.
Their ships buffeted
by a tremendous storm at sea, the Trojan company has made it to shore on the coast of North Africa, where the new colony of Carthage is being
founded by a group of
immigrants from Tyre and their queen, Dido.
Alpine Meats has kept its family atmosphere intact ever since it was
founded by a Swiss
immigrant who came to America with just $ 100 in his pocket.
Northern Fish Products consists of four family owned companies, the first of which, Northern Fish, was
founded in 1912
by a Norwegian
immigrant, Johannes Swanes.
The company was
founded in 1941
by Swiss
immigrants as Berner Cheese.
Founded in 1978
by Greek - born
immigrants Demos Vasiliou and Spiros Poulimenos, the success of Astra Foods is an illustration of the American Dream.
Originally
founded in 1860
by German
immigrant Charles Nelson, Nelson's Green Brier Distillery was one of the largest whiskey producers in the U.S. before a statewide Prohibition closed the distillery's doors in 1909.
Rosati Ice was
founded in 1912
by Sam Rosati, an Italian
immigrant who made his first Italian ices cranked
by hand in the basement of his West Philadelphia home.
Founded in 1967
by Cuban
immigrants, it is still privately held
by the Gaviña family, and currently roasts 32 million pounds of coffee annually.
Headquartered in San Antonio, CHG was
founded in 1851
by German
immigrant Carl Hilmar Guenther and has been continuously owned
by Guenther family members since its
founding.
El Fenix was
founded in 1918
by Mike Martinez, a Mexican
immigrant who opened a small restaurant on the corner of Griffin Street and McKinney Avenue in Dallas.
Gillooly said Pitango,
founded in 2002
by Israeli
immigrants Yasmin and Ofer Shenhav, was a casualty of Gourmet Food Holdings» receivership.
About Graffigna:
Founded in 1870
by Italian
immigrant Don Santiago Graffigna, today Graffigna is an icon of the Argentine winemaking tradition, defined
by the pioneering, passionate spirit of its founder.
Founded by Ruth Abram and Anita Jacobson, the Tenement Museum showcases one of the first houses in the United States for
immigrant families.