Immigrants Living in US Have Started Many Valuable Startups

Immigrants have created several of America’s most valuable privately held companies. Many of the companies will soon become publicly traded and will be available to any U.S. citizen who wants to invest in the billion-dollar startups. A new study from the National Foundation for American Policy reported that 55 percent of the $1 billion startup companies in the U.S. have at least one immigrant founder. Several of these immigrant-founded companies are highly valued.

Uber app

The research reported, “The collective value of the 50 immigrant-founded companies is $248 billion, which is more than the value of all the companies listed on the stock market of many countries.” The countries include Argentina, Peru, Columbia, Portugal, and Ireland. It is assumed that the $248 billion amount is much lower than the underlying value of the 50 companies. If you, or a member of your family, are a highly motivated person who wants to widen your horizons, USAFIS is here to help you on your journey. They will walk you through the steps of the Green Card Lottery process.

SpaceX, which was founded by Elon Musk, a South African immigrant, and WeWork, a company co-founded by Israeli-born immigrant Adam Neumann, are valued at $21 billion and $20.2 billion respectively. These companies are not expected to have an initial public offering in 2019. The most valuable U.S. billion-dollar company is Uber, which was co-founded by Garrett Camp, a Canadian immigrant. The valuation of Uber comes in at $72 billion, however, if Uber goes ahead with an anticipated initial public offering next year, the value of the company could reach as high a $120 billion. The total valuation is higher than General Motors, Ford Motor and Fiat Chrysler Automobiles combined worth. Contact USAFIS for help with the immigration process to the United States. Many opportunities are awaiting you and your family.