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Wednesday, October 3 • 8:00am - 9:15am
International Track | Austin's Immigrant Entrepreneurs: Some Amazing Stories (Capital Factory)

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With all the vitriolic and xenophobic language spewing out of Washington these days, it's more  important than ever that we acknowledge the contributions of immigrants to American society, the development of our shared culture, and to business and job creation. More than 40 percent of companies on the U.S. Fortune 500 list were launched by immigrants or children of immigrants.  The legacies are already firmly established behind Google's co-founder Sergey Brin from Russia...eBay's Pierre Omidyar from France...Yahoo's Jerry Yang from Taiwan... and Intel co-founder Andy Grove from Hungary.   And sitting atop the foreign entrepreneurial kingpin roster these days is South Africa's Elon Musk and his ground-breaking parallel ventures in automotive with Tesla, transportation with SpaceX, engineering with The Boring Company, and energy with SolarCity, to name but a few. Closer to home, Austin is now home to 260,000 immigrants in our metro area making up 15% of the population.  Immigrants also power the Austin economy as job creators, small business owners and|entrepreneurs.  They make up 12% of the metro's business owners with paid employees, and are self-employed at a higher rate (8.9%) than the Native-born population (6.6%).  According to a 2015 study by the Austin Commission on Immigrant Affairs, 25% of our city's new tech startups are being created by immigrants to this country.  Who are some of these people among us, quietly creating jobs and bringing new prosperity to our residents?  How else do they contribute to the richness of our community?  What adversities have they faced as immigrants yet still prevailed?  What inspirations do their stories provide to all entrepreneurs?

Moderators
avatar for Estuardo Robles

Estuardo Robles

World Affairs Council

Speakers
avatar for Thanh

Thanh "Tommy" Hodinh

Chairman & CEO, MagRabbit, Inc.
avatar for Tommy Zhang

Tommy Zhang

Co-Founder, Comon

Sponsors
avatar for Alliance Abroad Group

Alliance Abroad Group

Alliance Abroad Group is a U.S. Department of State J-1 visa sponsor and international cultural exchange organization. Since 1992 we’ve successfully matched more than 10,000 students with many of the world’s leading tourism and hospitality companies.


Wednesday October 3, 2018 8:00am - 9:15am
Capital Factory 701 Brazos St, Austin, TX 78701
  • Room MobilityX Classroom, Ground Floor

Attendees (149)