This is a remarkably facile understanding of racism, one that ignores both the model minority phenomenon as well as the fact that Asians are significantly underrepresented in management positions in the tech industry [1].
There's probably a language factor involved as well. An otherwise brilliant programmer can scrape by with spotty English, but it's a lot harder for a founder or an executive.
1. http://www.npr.org/2015/05/17/407478606/often-employees-rare...