Unicorns — private companies that have a valuation over a bill — are not just in the US (the whole unicorn phenomena is a new one, part of the bubblelicious experience.)
CB Insights has some interesting information on where the mythical unicorns actually are; Silk mada a nifty interactive chart.
Digging into the data, you would think that the Unicorn phenomena is relegated to the Silicon Valley/SF Bay area. Not so lad! While 62 are located in the U.S., there are 11 in China, 10 in Europe and 6 in India. There’s even a couple in Canada!
What we can see is the power shift from Silicon Valley to San Francisco. Out of the 62 companies in the list, I counted 25 in San Francisco. 21 are not in the SF bay area at all — there’s New York (WeWork, Vice, MongoDB, AppNexus, Oscar Health, Warby Parker, Sprinklr, Gilt); SoCal (Snapchat,SpaceX, Legendary, JustFab, Razer); then a surprising number are in Utah (Domo, Qualtrics, Pluralsight, InsideSales); trailed by the Boston area (Moderna, Actifio and SimpliVity). Florida makes an honorable mention with the mysterious (and probably real unicorn), Magic Leap.
Just to have some fun, here are the SF based-unicorns: