Relocating Startups to the US helps create Unicorns
𝐌𝐨𝐯𝐢𝐧𝐠 𝐭𝐨 𝐭𝐡𝐞 𝐔𝐒 𝐜𝐨𝐮𝐥𝐝 𝐛𝐞 𝐚 𝐬𝐭𝐚𝐫𝐭𝐮𝐩'𝐬 𝐛𝐞𝐬𝐭 𝐦𝐨𝐯𝐞
Relocation to the US significantly increases the chances for international startups to become unicorns, according to our research.
For example, 29 Israeli VC-backed startups that moved to the US reached unicorn status. By contrast, only 3 unicorns in a comparable US-based sample were based in Israel. This suggests that Israeli startups relocating to the US are nine times more likely to achieve unicorn status.
We observed similar trends for other countries:
• India-founded startups relocating to the US are 6.5 times more likely to become unicorns.
• UK-founded companies see a 2.5 times greater chance of achieving unicorn status after moving to the US.
These numbers indicate that the US offers unique advantages for high-potential startups from around the globe, particularly from countries like Israel, India, and the UK.
Thanks to the Stanford University Graduate School of Business Venture Capital Initiative team for leading this meaningful research.
Stay tuned for more data-backed insights about startup success, venture capital, and innovations!
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