Wenceslao Casares, others helping Latinos ascend in Silicon Valley. - Slate Magazine: While Silicon Valley is an immigrant-friendly place—witness Russian-born Sergey Brin’s triumph at Google or Hungarian-born Andy Grove’s success at Intel—there are signs that immigrants’ influence in the tech mecca may be plateauing. A study released last month by AnnaLee Saxenian of Berkeley and Vivek Wadhwa of Duke found that 43.9 percent of Silicon Valley startups launched in the past seven years had at least one key founder who was an immigrant. That’s a big number, but it’s a drop from 2005, when 52.4 percent of startups were immigrant-founded.
The composition of immigrants in the Valley has shifted a bit, too. In Saxenian and Wadhwa’s ranking of countries that produced the most U.S.-based techies, Taiwan fell from fourth to 23rd. (The reasons for that drop—and the decline of immigrant-founders across the board—can be attributed in part to U.S. visa issues and burgeoning opportunities abroad.) At the same time, though, some tech insiders have seen Latin American-born entrepreneurs, a previously invisible cohort, begin to make their presence known in Silicon Valley.
