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by pg
6654 days ago
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YC is in other countries. 5 of the 20 startups in the current batch have non-US founders. In fact, non-US founders seem to do better on average than US founders. I'm not sure exactly why; probably because they have to be more committed, and commitment is the biggest predictor of success in a startup. But whatever the reason, YC clearly works internationally. I think software/web startups are basically international now. It's all one big market. Now all we need to do is explain this to the governments. |
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Anyway, they interviewed a number of foreign born founders, and the consensus was that it took so much risk to move to another country as an immigrant, the risk of founding a startup really seemed small in comparison.
Having grown up in Central America in the 80's myself, I'd also postulate that you're able to think outside the box a bit better as well. Why? Because to the immigrant, everything in a new country is so profoundly different to begin with, that you barely see the boxes that so many other native-born people are hung up on.