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The Bay Area has the highest concentration of Unicorns in the United States

•More than half of the nation’s Unicorn companies, startups valued at more than $1 billion, are based out of the Bay Area.

•United States Unicorns have received more than $68 billion in total equity funding, of which 62.3 percent has gone to Bay Area companies. San Francisco-based Unicorns alone have received more than $31 billion in total equity funding.

•As these Unicorns grow and raise additional equity, they generate significant demand for real estate.

Source: JLL Research, WSJ​




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