ILW.COM - the immigration portal Immigration Daily

Home Page


Immigration Daily

Archives

Processing times

Immigration forms

Discussion board

Resources

Blogs

Twitter feed

Immigrant Nation

Attorney2Attorney

CLE Workshops

Immigration books

Advertise on ILW

VIP Network

EB-5

移民日报

About ILW.COM

Connect to us

Make us Homepage

Questions/Comments


SUBSCRIBE

Immigration Daily


Chinese Immig. Daily




The leading
immigration law
publisher - over
50000 pages of
free information!
Copyright
1995-
ILW.COM,
American
Immigration LLC.

View RSS Feed

Greg Siskind on Immigration Law and Policy

NFAP: Immigrants Behind Half of Venture Funded Start Ups

Rate this Entry

In case you think that those who say our restrictive immigration policies hurt America's ability to compete and generate good jobs are just spouting off unsubstantiated arguments, here is proof that they're right. From the Wall Street Journal:



Immigrants have started nearly half of America's 50 top venture-funded companies and are key members of management or product development teams in almost 75 percent of those companies.


Those are the results of a new study by the National Foundation for American Policy, which cites the numbers in calling for changes to immigration policy to make it easier for immigrant entrepreneurs to come to the United States and begin building companies.


Using the "Next Big Thing" list of Top 50 venture-funded companies published in March 2011 in The Wall Street Journal and compiled by research firm VentureSource, a unit of Journal owner News Corp., the research finds that 46 percent, or 23 out of 50, of the country's top venture-funded companies had at least one immigrant founder.


The research also found that 37 of the top 50 companies, or 74 percent, had at least one immigrant helping the company grow and innovate by filling a key management or product development position. Chief technology officer, chief executive and vice president of engineering are the most common positions held by immigrants in the top 50 venture-backed companies.



The NFAP report notes that legislation is needed to ensure we continue to attract these business superstars. Unfortunately, we have a dysfunctional Congress where most members probably agree that we need changes to attract entrepreneurs but are so cowed by a tiny minority of antis that they're afraid to make even modest changes, much less do anything bold.

Submit "NFAP: Immigrants Behind Half of Venture Funded Start Ups" to Facebook Submit "NFAP: Immigrants Behind Half of Venture Funded Start Ups" to Twitter Submit "NFAP: Immigrants Behind Half of Venture Funded Start Ups" to Google Submit "NFAP: Immigrants Behind Half of Venture Funded Start Ups" to StumbleUpon Submit "NFAP: Immigrants Behind Half of Venture Funded Start Ups" to Reddit Submit "NFAP: Immigrants Behind Half of Venture Funded Start Ups" to Digg Submit "NFAP: Immigrants Behind Half of Venture Funded Start Ups" to del.icio.us

Tags: None Add / Edit Tags

Comments

  1. George Chell's Avatar
    This would have been an easier sell in the Senate than the skilled immigration bill lifting country quotas. Perhaps the House should pass such legislation and dare Grassley to stop entrepreneurs and job creators from coming to this country!
  2. USC's Avatar
    What a guy:

    Representative Dana T. Rohrabacher, Republican of California,

    "If they're dead, I don't have an objection to their organs being used," Mr. Rohrabacher added. "If they're alive, they shouldn't be here no matter what."

    Mr. Can of California for your edification:

    "We tie ourselves up in knots," she said, "because we've accepted as a country and in international human rights law that if someone shows up in extremis in your emergency room, the nurses and doctors and technicians are morally obligated, and legally obligated, to provide that life-saving care."


    http://www.nytimes.com/2011/12/21/nyregion/illegal-immigrants-transplant-cheaper-over-life-isnt-covered.html?_r=1&hp


  3. George Chell's Avatar
    Dana Rohrbacher has talked like a communist before. I wonder whether he is really a communist. Does anyone have the roll call for the legislation passed in the House on skilled migrant lifting of quotas for countries?
  4. Sa's Avatar
    http://www.opencongress.org/vote/2011/h/860
  5. Sid's Avatar
    @Sa

    There are some interesting names in the "Abstain" column - Eric Cantor, Michelle Bachmann and Luis Gutierrez.
  6. Sa's Avatar
    I think Bachmann was busy in IOWA and Gutierrez in Alabama on that day . I read somewhere that Cantor did it for some procedural reasons !
  7. Jack's Avatar
    [[The waiter's boss sought private insurance, she and the brothers said, speaking on the condition that their names be withheld for fear of provoking immigration authorities. The Catch-22: for the first year, the waiter, called Angel, would get no coverage for his "pre-existing condition," nor would he receive the dialysis that keeps him alive and able to work four days a week.]]

    So AFTER the waiter's kidneys start to fail? Where were they the past 10 years? Classic example of greedy employer of unlawfully present aliens loving the cheap labor and passing other costs of presence onto the taxpayers. Which is why any "temporary guest worker" program should have mandatory employer-funded health insurance. I bet they paid the waiter off the books too and, of course, no mention by the NYT about the ethics of the restaurant knowingly employing the waiter illegally--that's perfectly fine by that publication.

  8. George Chell's Avatar
    Seems like Ron Paul did not have the guts to vote! Great liberterian he is! Just a fraud!
  9. George Chell's Avatar
    "Classic example of greedy employer of unlawfully present aliens loving the cheap labor and passing other costs of presence onto the taxpayers."

    Otherwise you can force employers to give health insurance to all the illegals and pay for the products twice or thrice. Let us see how Americans put up with higher prices. I am not for illegal immigration. A free trade approach and lifting of all subsidies to agriculture should at least partly solve the problem. I no longer buy American unless it is a motor vehicle manufcatured here...honda, toyota, included. Just cannot afford it anymore. I go to TJ and buy foreign products from Argentina, Chile, Thailand and Mexico.
  10. George Chell's Avatar
    And by the way, the man currently holding up the skilled immigration bill in Senate was also partially responsible for the demise of budget agreement to cut the deficit. He will not budge on ag subsidies..exactly one of the problems which makes developing country products more expensive, puts farmers in Mexico out of business and forces migration northwards. Then he stops this bill which will force jobs to move abroad, and then he wont cut ag subsidies but will want to cut social security...over my dead body!
  11. George Chell's Avatar
    http://news.yahoo.com/federal-judge-halts-key-parts-sc-immigrant-law-185948146.html
  12. Jack's Avatar

    "Defendants contend that Act 69 is nothing more than an effort to cooperate with the federal government in the pursuit of the common goal of immigration enforcement," Gergel wrote. "Since the State of South Carolina has now been sued by the national government over its adoption of Act 69, it begs the question of the meaning of the word 'cooperate.'"

    The executive branch does not want the help of the states in enforcing the law because it does not necessarily want the law enforced. To the surprise of some legal observers, the DOJ put it right in their 1070 pleadings and are doing the same in subsequent cases. They arrogantly claim that what Congress says (the law) is just one consideration among many.

    Even if you believe the executive branch has the right to decline a state's help, can the DOJ *prevent* a state from even offering absent a bar from Congress? Congress clearly can but Obama's DOJ likes to use "federal government" as if they have the same preemptory power. Even if you think the executive branch can essentially hang up on a local law enforcement agency with an illegal alien under arrest, should a court (at the DOJ's urging) preempt a state law which mandates arrest and making the call to ICE? As a legal issue, the executive branch's enforcement (or non-enforcement) policy should be irrelevant. Gergel misses that point. Some of these judges are simply ignoring state arrest authority without justifying why. These arrests are already made by individual law enforcement agencies. If that is not disputed, why can't a state mandate them statewide? Not just this issue, but arrest authority, in general, should be clarified. In upholding the 9th Circuit, are they going to wipe out all existing non-federal arrest authority? Will they somehow illogically uphold the 9th Circuit while leaving general arrest authority intact? Will the ruling be narrow? Will there be clear guidance? Will they break 4-4? Will they miss an opportunity?


  13. Another Voice's Avatar
    "The executive branch does not want the help of the states in enforcing the law because it does not necessarily want the law enforced."
    The pro-corporate congress folks do their part by protecting their friends that invited immigrants to work here but do not want to reform the system and bring it to the 21st century, so they pander to the haters at the state level to feed the radioactive red meat to the voters that does not bring about a practical solution.

    "To the surprise of some legal observers, the DOJ put it right in their 1070 pleadings and are doing the same in subsequent cases. They arrogantly claim that what Congress says (the law) is just one consideration among many."

    Or may be they understand the limits of state law and federal law. Or maybe they know that a misdemeanor should be handled as such and criminalizing millions of people just for the sake of hate is stupid.

    "Even if you believe the executive branch has the right to decline a state's help, can the DOJ *prevent* a state from even offering absent a bar from Congress? Congress clearly can but Obama's DOJ likes to use "federal government" as if they have the same preemptory power."

    If they want to help they can sign up fore secure communities or 287 g, but writing your own immigration laws is outside the scope of their power.

    " These arrests are already made by individual law enforcement agencies. If that is not disputed, why can't a state mandate them statewide? "

    The arrest are made due to a violation of state law they do not have the power to enforce federal law unless the federal government gives the that power. Once the arrested pays it's debt to society at the state level they can not be held just because......


    The fantasy land of the USA Police state you would like just trumps all that this country stands for concepts such as fairness and justice FOR ALL you may want to read up on that Jack.....
Put Free Immigration Law Headlines On Your Website

Immigration Daily: the news source for legal professionals. Free! Join 35000+ readers Enter your email address here: