High-skill immigrants disproportionately found companies (whose very existence implies driving up demand in the labor market), as well as disproportionately induce new consumer demand (high-skill -> high pay -> high consumption), which again drives new companies.
Out of America (and the world's) only $1T companies:
Brin and Huang are 1st gen immigrants.
Nadella is a 1st gen immigrant; he brought Microsoft out of it's malaise.
(Jobs' bio father was an immigrant, as was Bezos' adoptive father)
3/5 ain't bad. (2/5 if you're a stickler)
Tesla, which at one point was a $T company and is currently pretty close, is also famously founded by an immigrant.
There are very few people in tech in America who will not have worked for an immigrant founder/CEO at some point in their career.
Out of America (and the world's) only $1T companies: Brin and Huang are 1st gen immigrants. Nadella is a 1st gen immigrant; he brought Microsoft out of it's malaise.
(Jobs' bio father was an immigrant, as was Bezos' adoptive father)
3/5 ain't bad. (2/5 if you're a stickler)
Tesla, which at one point was a $T company and is currently pretty close, is also famously founded by an immigrant.
There are very few people in tech in America who will not have worked for an immigrant founder/CEO at some point in their career.