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Gavin Newsom: “The largest market cap private company in world history…”

Featuring: Gavin Newsom, Democratic | Governor of California

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Gavin Newsom Urges Democrats to Be 'More Culturally Normal'

Published | Video Starts at 31:05

We have more Fortune 500 companies than we've ever had in the last two decades. Went from 48 to now 49 now to 58 Fortune 500 companies. You brought up Sam Altman a moment ago. The largest market cap private company in world history decided just a few weeks ago where to headquarter in the state of California. More scientists, engineers, more Nobel laureates. Venture capital over $106 billion billion dollars. This year, 68% of that invested back into the state of California. Finest system of higher education in the world. (31:05–31:11)

CLAIM

Asserts that the largest market cap private company in history chose to headquarter in California.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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