born in madrid, cabrera is the first native of spain to lead an american university. good to have you you with us, mr. cabrera. >> thank you for having me. >> o'brien: let's talk about your perspective as an immigrant yourself, having seen the university system here from spain, and now on the inside. i'm curious how that affects your perspective on this whole issue. >> first of all, the american universities have a tremendous advantage around the world because they're the number one place where students from all over the world want to study. i was there myself. i graduated from college from madrid, spain, and my dreesms to come to one of the great american research universities. and there are hundreds of thousands of students from around the world every year. >> o'brien: the higher education system here really does remain a magnet, doesn't it? >> absolutely. not only that gives the american university a great advantage but it gives an advantage, also, to the american economy. i mean, when you do the numbers and look at, for example, out of the recent start-ups, how many have reached $1 billion or mor