Gil: Bay Area represents 25% of global private tech wealth creation
Elad Gil · Elad Gil: How to Spot a Billion-Dollar Startup Before the Rest of the World · May 13, 2025 · at 1:24:30
Elad Gil analyzes the geographic distribution of market cap for private tech companies valued at $1 billion or more.
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“Traditionally the U.S. Has been about half of that globally. The Bay Area has been about half of that. So, 25% of all private technology wealth creation happens in one place, right? In one city. If you add in New York and L.A., then you're at like 40% of the world.”
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