Investor Joe Lonsdale pointed to San Francisco s population of transients and open-air drug users, the state s practice of condoning rolling blackouts during windy weather to prevent downed power lines from starting fires, and restrictive zoning laws that make new housing expensive and hard to build. Venture capitalist Keith Rabois called the city massively improperly run and managed.
Tesla CEO Elon Musk slammed local Covid regulations that paused manufacturing at the company s plant in Fremont, and compared the state to a sports team that s been winning too long and become complacent.
Palantir CEO Alex Karp wrote in the firm s IPO prospectus that the company felt out of step with Silicon Valley s morals and rhetoric, writing, Software projects with our nation s defense and intelligence agencies, whose missions are to keep us safe, have become controversial, while companies built on advertising dollars are commonplace. The company moved its headquarters to Colorado over the sum
Seattle area boasts 10 fast-growing unicorns: Can you name the billion-dollar startups?
December 16, 2020 at 12:21 pm
There are 10 unicorn startups in the Seattle area valued at $1 billion or more. (Shutterstock Photo)
The unicorn that supposed elusive creature of the startup world is becoming a bit more commonplace in these parts.
There are now 10 unicorn startups valued at $1 billion or more parading through the mossy and rain-soaked environs of Seattle, based on data compiled by GeekWire and PitchBook.
A few things stand out about this group of 10 (full list below):
Six of the startups have at least one immigrant founder.
The majority operate in enterprise software or cloud computing.