It has a taken an average of 6.8 years for an immigrant-founded startup to complete an IPO, the study found, compared with an average of 9.3 years for companies launched by US entrepreneurs.
Making it to an IPO is a crucial rite of passage for venture capitalists because the stock market provides them with a way to realize potentially huge profits from their investments.
The number of immigrant entrepreneurs teaming up with venture capitalists appears to have grown in recent years, the report said, setting the stage for even more IPOs during the next few years.
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