Research shows that immigrants to the US play a significant role in entrepreneurship and the economy at large. Ilya Strebulaev, a professor in the Venture Capital Initiative at Stanford Graduate School of Business, analysed data from 500 unicorns between 1997 and 2019. The dataset includes information on 1,078 founders, of whom 44% were identified as non-U.S.-born based on their places of birth. “Nearly half of US unicorn founders were born outside the US. Immigrants are crucial for US innovatio...