<story><title>Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies</title><url>https://www.axios.com/immigrants-founders-fortune-500-companies-7e883b5a-1b76-462c-83b5-be68e2e9cae4.html</url></story><parent_chain><item><author>harryh</author><text>The way they handle companies with &amp;gt; 1 founder is a bit weird. If there is at least one immigrant &amp;#x2F; 1st gen American it&amp;#x27;s counted in the &amp;quot;founded by&amp;quot; category. And then the 45% is taken by looking at things just at the company level.&lt;p&gt;I think it would tell a clearer picture to count the total number of founders and count the percentage of people who were immigrants &amp;#x2F; 1st gen americans. Then, to give context, you would want to compare this number to the % of people living in the US who are immigrants &amp;#x2F; 1st gen Americans.</text></item></parent_chain><comment><author>rayiner</author><text>The article also appears to count companies as “founded by immigrants” if they’re the result of a merger where one of the original companies was founded by immigrants. United Technologies, for example, is a huge conglomerate. I have no idea who the immigrant founder is supposed to be.&lt;p&gt;Moreover, a quarter of America’s population fits into the category of “immigrants or children of immigrants.” At the time many of these companies were founded, it was closer to 40%. If you count # of immigrant founders &amp;#x2F; # of non-immigrant founders, as you suggest, it could very well be that immigrants are underrepresented.</text></comment>
<story><title>Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies</title><url>https://www.axios.com/immigrants-founders-fortune-500-companies-7e883b5a-1b76-462c-83b5-be68e2e9cae4.html</url></story><parent_chain><item><author>harryh</author><text>The way they handle companies with &amp;gt; 1 founder is a bit weird. If there is at least one immigrant &amp;#x2F; 1st gen American it&amp;#x27;s counted in the &amp;quot;founded by&amp;quot; category. And then the 45% is taken by looking at things just at the company level.&lt;p&gt;I think it would tell a clearer picture to count the total number of founders and count the percentage of people who were immigrants &amp;#x2F; 1st gen americans. Then, to give context, you would want to compare this number to the % of people living in the US who are immigrants &amp;#x2F; 1st gen Americans.</text></item></parent_chain><comment><author>Kalium</author><text>&amp;gt;  The way they handle companies with &amp;gt; 1 founder is a bit weird. If there is at least one immigrant &amp;#x2F; 1st gen American it&amp;#x27;s counted in the &amp;quot;founded by&amp;quot; category. And then the 45% is taken by looking at things just at the company level.&lt;p&gt;Ah! I saw the 45% number and immediately wondered if this particular statistical slight of hand was being used. Thank you.</text></comment>