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Gavin Newsom: “We got about 1,000 employees, 23 little businesses.”

Featuring: Gavin Newsom, Democratic | Governor of California

Gavin Newsom Urges Democrats to Be 'More Culturally Normal'

Published December 3, 2025 | Video Starts at 42:42

I started right out of college, pen to paper, one part time employee, Pat Kelly, opened a little business with literally $175,000, 13 investors. I built that. Restaurants, hotels, wineries. We got about 1,000 employees, 23 little businesses. I say that not to impress any of you, but to impress upon you my passion for entrepreneurialism, my passion for risk taking, free enterprise. And so I'm still that guy. (42:42–42:45)

CLAIM

Asserts that Gavin Newsom's business ventures employ about 1,000 people across 23 businesses.

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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“We have 18% of the world's R and D in my state.”
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“We're also the dominant manufacturing hub in the United States of America. $405.6 billion. 13.9% of the US manufacturing.”
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“We're finally on the offense. We're finally beginning to shape shift and we're finally beginning to fight.”
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“I don't think it's healthy that we have 10% of people that own 2/3 of the wealth in this country.”
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“We have an economy that is broken for too many people.”
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“We have one individual that represents one labor union in the state of California that has not collected one signature that is considering…”
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“He's trying to wreck this country. Tried to do that on January 6, tried to light democracy on fire.”
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“He dialed for votes down there, said, where's find me 11, 12,000 votes with the Secretary of State in Georgia.”
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“He's trying to rig the midterm elections in 2026 before one vote is cast.”
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“I was one of its champions for independent redistricting.”
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“We maintained the independent redistricting commission.”
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“We have the new Trump signature series knee pads on my Patriot site, which is an actual real site.”
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“10% of Intel, 15% in AMD, 15% in Nvidia.”
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“I live in a state with 32 of the top 50 market cap AI companies.”
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“We dominate in robotics, we dominate in space, we dominate in all these future technologies, including R and D and nuclear, of course.”
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“Tesla move their world R and D headquarters in to Silicon Valley, HP Enterprises old headquarters.”
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“We've added 10,000 jobs from Tesla since we, quote, unquote, moved the company.”
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“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.”
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“The largest market cap private company in world history decided just a few weeks ago where to headquarter in the state of California.”
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