Gavin Newsom: “We have half of the country's unicorns in our state.”

“Well, California's population Three years in a row continues to grow and so does our footprint as it relates to more Fortune 500 companies than we've had in over two decades. And our innovation ecosystem and startup ecosystem second to none. We have half of the country's unicorns in our state. The largest market cap private sector company, OpenAI, just headquartered in San Francisco. They could have chosen any other state in the country. Look, I don't begrudge other people's success.” (28:25–28:29)

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.