Paul Graham on Start-ups, Innovation, and Creativity
EconTalk
00:00
The Impact of Immigration on the Startup Market
A lot of the reason the US has such a vibrant startup culture is because there are so many immigrants. Immigrants start startups, right? Disproportionately, something like more than half of the IPO startups were founded by immigrants. The interesting thing is, if technology keeps changing faster and faster, people will be younger and younger when they're left behind. So maybe there will come a time when 30-year-olds are like left behind, because 18-year- olds are doing the new thing.
Play episode from 54:54
Transcript
