A firm that goes from having about half of their H-1B applications succeeding to winning all of their H-1B applications (firms on average apply for 2.5 H-1B visas in a given year):
- sees a 4.5 percentage point (10% more likely) increase in getting venture capital funding;
- sees a 1.5 percentage point (20% more likely) increase in going public (IPOing on the stock market);
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[ 5.1 ms ] story [ 27.9 ms ] thread- sees a 4.5 percentage point (10% more likely) increase in getting venture capital funding;
- sees a 1.5 percentage point (20% more likely) increase in going public (IPOing on the stock market);
- sees the number of patents increase by 4.8%.
More details at - https://www.nominalnews.com/p/h-1bs-immigrants-with-degrees-...