90 founders among 500 US unicorns were India born: study
A study compiled by Ilya A. Strebulaev, professor of finance at Stanford University’s Graduate School of Business, shows that out of 1,078 founders across 500 US unicorns, 90 entrepreneurs were born in India, signalling the significant presence of Indian Americans in the country’s startup and tech economy.
India-born founders were followed by the ones from Israel and Canada.
The data pulled together by Strebulaev comes at a time when many Indian-based technology professionals are looking to head back home. Silicon Valley-based tech publication The Information reported last week on how Indian immigrants in the US were increasingly giving up on their American dream amid visa issues and the lure of a thriving startup industry in India.
It’s not startup founders alone, India-born executives are now running the most powerful tech giants in the US.
Read more at: https://economictimes.indiatimes.com/tech/startups/90-founders-among-500-us-unicorns-were-india-born-study/articleshow/88919258.cms