Where are Most Unicorns Headquartered?
Tom Tunguz
MAY 27, 2020
Earlier this week, I wrote Californian Dreaming - Is Silicon Valley Still the Best Place to Start a Company , where I analyzed the IPO and M&A trends of venture-backed companies by state. 79% of unicorn market capitalization accrues to startups headquartered in California. How will the distribution change with time?
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