Indians are the start-up kings of US. Indian immigrants to the US account for 28% of all foreign-founded private start-up companies in a climate dominated by immigrant entrepreneurs, according to a new study on the hot-button issue. The study found that over the last 15 years, immigrants have started one in four (25%) US public companies that were venture-backed, representing a market capitalisation of more than $500 billion
The study also found that immigrant founders are responsible for building a high percentage of the most innovative American companies, with 87% operating in sectors such as high-tech manufacturing, infotech and life sciences.
article is throws a light about Indian entrepreneur and the important part played in startups.
The surely could have mentioned some names like Ram Shriram, Vindh Khosla etc
Saturday, November 18, 2006
Indians are the start-up kings of US- The Economic Times