Just consider from 2019 to September of 2025 the number of business starts. They don't often talk about the number of businesses that start the next Apple, the next Genentech. We have California has over 400 unicorn companies. in the state of California. No one comes close. Those are the companies worth over $1 billion. California has no peers we dominate in every one of these critical categories. (04:13–04:18)
CLAIM
Asserts that California has a large number of privately held startup companies valued at over $1 billion.
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