What do Intel, Yahoo, Sun Microsystems, Ebay, Google and many other companies have in common?
The Wall Street Journal reminds us that behind each of these economic “engines” are immigrant entrepreneurs.
A new study from the National Venture Capital Association finds titled “American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness” found that
“Over the past 15 years, immigrants have started 25 percent of U.S. public companies that were venture-backed.” These businesses employ some 220,000 people in the U.S. and have a current market capitalization that “exceeds $500 billion, adding significant value to the American economy.”
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