Monday, June 8, 2026

Ten Pakistanis Among Unicorn Founders in America

There are ten Pakistani immigrants included among founders or co-founders of unicorns in America, according to  a recent study by the National Foundation for American Policy (NFAP). A unicorn is a startup with a valuation of at least one billion U.S. dollars. Immigrant entrepreneurs of US unicorns are diverse, hailing from 76 different countries. India, with 96 companies, is the leading country of origin for the immigrant founders of U.S. billion-dollar companies. Immigrants from Israel founded the second-most billion-dollar companies with 60, followed by the United Kingdom (47), China (41), Canada (30), Russia (23), France (21), Germany (18), Ukraine (16), Australia (14), Pakistan (10) and Romania (10). Some companies were founded by entrepreneurs from the same country or immigrants from multiple countries.

Four of Ten Pakistani-American Founders Listed Among Unicorns


Why are Indian entrepreneurs leading the pack of unicorn founders/co-founders in America?  The key reason is that “the great Indian brain drain” is accelerating with the country rapidly losing its best and brightest to the West, particularly the United States. Large presence of the Indian immigrant unicorn founders in America is attributed to the fact that most immigrant founders come to the U.S. as students or H1B workers, categories dominated by Indians. Over 80% of the H1B visas go to Indian applicants. India also leads in sending students to study in US universities. 

Unicorns in America. Source: NFAP

Pakistan, too, is suffering brain drain but not on the same scale as India. Most prominent among Pakistan-origin unicorn founders/cofounders are Karachi-born Sualeh Asif, Lala Moosa-born Qasar Younis, Karachi’s NED University alumnus Rehan Jalil and Pakistani-American serial entrepreneur Zia Chishti. 

26 year old Karachi born Sualeh Asif, cofounder of Cursor (Anysphere) recently joined the list of Forbes Billionaires after Cursor reached a $29.3 billion valuation in November 2025, according to Forbes magazine. 

43 year old Qasar Younis, a Lala Moosa born Harvard-educated Pakistani-American, is the CEO of  Applied Intuition, a physical AI and autonomous vehicle software firm valued at $15 billion. Younis's resume includes his role as Chief Operating Officer of Y-Combinator, a spawning ground for tech giants Dropbox, Airbnb, and Stripe in Silicon Valley, according to Fortune Magazine.

Rehan Jalil, a fellow alumnus of NED University in Karachi, founded AI-powered data privacy and governance platform Security.AI. The startup has now been acquired by Veeam for $1.725 billion.

Zia Chishti is a serial entrepreneur from Pakistan. He founded Afiniti.AI which reached a $1.6 billion valuation back in 2017. founded his first company Align Technology in 1997 in Silicon Valley. It creates clear plastic braces for straightening teeth by using advanced 3-D computer imaging. The technology now trademarked as Invisalign has helped millions of people straighten their teeth for a beautiful smile without enduring the pain and unsightly looks of the traditional steel brackets and wires used in orthodontics. Align Technology is now valued at $10 billion.

The NFAP study found that immigrants have founded or co-founded 59% (455 of 775) of America’s privately held startup companies valued at $1 billion or more. That is an increase from 55% in NFAP reports released in 2018 and 2022. 

Approximately two-thirds (66%) of U.S. billion- dollar companies (unicorns) were founded or cofounded by immigrants or the children of immigrants. Nearly 80% of America’s unicorn companies (privately held, billion-dollar companies) have an immigrant founder or an immigrant in a key leadership role, such as CEO or vice president of engineering. Almost one in four U.S. billion- dollar companies, or 24%, have a founder who came to America as an international student. The research shows the importance of immigrants in cutting-edge companies and the U.S. economy at a time when U.S. immigration policies have grown more restrictive.

The collective value of the 455 immigrant-founded billion-dollar companies is $5.0 trillion, which is more than the total market value of companies listed on stock markets in all but 7 countries, including the UK and Germany, and a demonstration of the wealth-creating power of immigrants. The collective value of immigrant-founded billion-dollar companies rises to over $5.8 trillion if one includes unicorn companies that have gone public since 2016.


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Tuesday, June 2, 2026

Growing Fan Base of Cockroach Janata Party in India

"Indians live like cockroaches and die like cockroaches", argued Jayant Bhandari in an X post in April this year. "They vote for bottom of the barrel cockroaches as rulers, who rightly treat them as cockroaches", he added, faulting the people of India for this state of affairs. More recently, Indian Supreme Court Chief Justice Surya Kant said during a hearing that certain unemployed youth were "like cockroaches" who enter professions with fake degrees or become social media and RTI activists attacking the system.  Abhijeet Dipke, a 30-year-old Indian graduate of the public relations program at Boston University, picked up on it. He posted on X on May 16: “What if all cockroaches came together?” Dipke created a political party, named it Cockroach Janata Party (CJP), a parody of the ruling Bhartiya Janata Party (BJP), and established a website that quickly gained tens of millions of followers, according to the New York Times. 

Cockroach Janata Party Logo. Source: CJP Website


Dipke embraced “cockroach” in the party’s name to reinforce the fact that the insect, which arouses visceral disgust in many people, is also nearly indestructible. “What was thrown at them as an insult, now they are carrying it with pride,” he said. 


The group of Indians described by the Indian Chief Justice as "cockroaches" is made up of over 100 million young people aged 15-29 years who are not in education, employment or training (NEET) as estimated by the World Bank. They make up the world's largest NEET population in any country. Such massive numbers threaten the country’s demographic dividend, risking long-term economic stagnation, widening gender disparities, and severe social instability. They represent a massive reservoir of untapped human potential that drains productivity. 

As a result of failed policies and lack of opportunities at home, India is driving its best and brightest to the West, particularly to the United States, at an increasingly rapid pace. A 2023 study of the 1,000 top scorers in the 2010 entrance exams to the Indian Institutes of Technology (IIT) — a network of prestigious institutions of higher learning based in 23 Indian cities — revealed the scale of the problem. Around 36% migrated abroad, and of the top 100 scorers, 62% left the country, according to a report in the science journal Nature.  Nearly two-thirds of those leaving India are highly educated, having received academic or vocational training. This is the highest for any country, according to the Organization for Economic Co-operation and Development.


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