Famous and fearless tech prognosticator Paul Kedrosky, a senior fellow at the Kauffman Foundation focused on entrepreneurship, innovation and the future of risk capital, shares his predictions for the startup world in 2013.
A recent study exposed an alarming trend in the tech industry. Immigrant entrepreneurs, who in recent years have launched half the startups in Silicon Valley, are founding drastically fewer companies. Except for one group: Indians. What makes entrepreneurs from India so different?
Immigration has always been the engine that drives the American economy. In Silicon Valley, foreign-born entrepreneurs have founded half the region’s startups in recent years – and kept the U.S. economy moving forward. So what happens if that innovation engine stalls? We’re about to find out.