I asked ChatGPT
TLDR: A lot of them stay and start businesses. Especially the ones with STEM Majors.
How many foreign born students have stayed in the United States and started a company
Foreign-born students have made significant contributions to the U.S. startup ecosystem, especially in the technology sector. While it's hard to pinpoint an exact number, there are some interesting statistics and trends that highlight the impact of international students in U.S. entrepreneurship.
Here are a few key points:
1. **Contribution to Startups**: A large proportion of U.S. startups are founded by foreign-born entrepreneurs. According to a 2016 report from the *National Foundation for American Policy*, about **25% of new companies** in the U.S. that are backed by venture capital have at least one immigrant founder.
2. **Tech Startups**: In particular, **foreign-born individuals are heavily represented** in the tech sector. Many successful U.S. tech startups, including **Google, Tesla, and Yahoo**, were founded or co-founded by international students or immigrants.
3. **STEM Graduates**: The number of foreign-born students who stay in the U.S. and start businesses is especially high among those who graduate with degrees in Science, Technology, Engineering, and Mathematics (STEM). In fact, **half of all STEM PhDs** in the U.S. are awarded to international students, and many go on to found startups or work in entrepreneurial roles in tech companies.
4. **Statistics on Entrepreneurs**: A 2021 *National Venture Capital Association* (NVCA) report found that **more than 50% of Silicon Valley startups** were founded by immigrants. Foreign-born students, especially those with higher education, are often prime candidates for launching these companies.
5. **Programs and Ecosystem**: The U.S. offers several programs aimed at supporting foreign-born students who want to transition into entrepreneurship, such as the **International Entrepreneur Rule** and various startup incubators and accelerators that specifically support immigrant founders.
### Specific Numbers
While exact numbers of foreign-born students who have founded companies are hard to come by, some estimates suggest that **around 40-50%** of new startups in sectors like technology are founded by immigrants, which includes foreign-born students who come to the U.S. for education and decide to stay and start a company.
In summary, while we may not have an exact number, it's clear that foreign-born students play a critical role in U.S. entrepreneurship, particularly in the tech sector, and contribute to a significant portion of new business formation in the country.