2min chapter

The NFX Podcast cover image

The Unusual Signs of a Billion Dollar Company with Elad Gil & James Currier

The NFX Podcast

CHAPTER

Is San Francisco Dying?

I don't think the Bay Area is going anywhere. I do periodically analyze where is all the unicorn market cap, which is for the backwards looking. And over the last 15 months, there's been about 180 new unicorns generated,. That means two to three new billion dollar market caps have been achieved in the last 15 years. About a quarter of them globally are in the Bay Area. and that's about where the Bay Area was before that period as well. If you're doing African movies, for example, in every other industry, people find clusters really natural. They tell you, hey, if you want to make movies, you should really go to Hollywood. You often shoot off site

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