The majority of U.S. unicorns—private startups worth more than $1 billion—have at least one immigrant founder, according to the National Foundation for American Policy (NFAP).
While some of the companies and founders are well known, like SpaceX from South Africa’s Elon Musk, hundreds of lesser-known unicorns have been founded from the top talent of just a handful of countries.
This visual using NFAP data lays out the countries which are home to the most U.S. billion-dollar startup founders as of May 2022.
Countries with the Most U.S. Unicorn Founders
Here’s a look at the countries that these immigrant founders come from.
The 382 founders accounted for below have combined to start 319 of 582 U.S.-based unicorns.
Far in the lead is India with 66 startup founders and Israel with 54 startup founders. Together, they account for 31% of all unicorn founders listed. In fact, more than half of the immigrant unicorn founders came from just six countries: India, Israel, the UK, Canada, China, and France.
These immigrant founders have helped found many of the world’s biggest startups:
-
- Stripe was co-founded by Irish brothers Patrick and John Collison
- Instacart’s founder and former CEO, Apoorva Mehta, was born in India, then moved to Libya and Canada as a child.
- Big data startup Databricks was founded by a group of seven computer scientists from the University of California, including five immigrants from Iran, Romania, and China.
Continue reading on the source site by clicking here
Recent Comments