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Every company in the world worth more than $1 trillion was founded on the US west coast, including Saudi Aramco which was started in the same building as here in San Francisco.
David Watson 🥑
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Aramco once stood for Arabian American Oil company, created by Standard Oil of California (now Chevron). Their HQ building was 225 Bush Street which once had a coworking space where I started Flexport.
Gotta find an office with a powerful aura. Our old office at Astranis was the first office of Instacart ($12B). Our new office was formerly Uber ($150B).
The repercussions of that much success are also fairly apparent. If only the ethos that created those companies translated to governance. Instead, people assuage their guilt through bad voting.
We learned not long ago that when we had an office in the Empire State Building during the first generation of our current 4th generation business that what would ultimately become Marvel comics was conceived down the hall from our office on the 14th floor. Wild!
Meta founded in Cambridge. Buffets Berkshire - not the textile company - founded in Omaha. Aramco and SOCAL signed an agreement in California, but SOCAL was a Standard Oil interest. Standard Oil was founded in Ohio.
West Coast built the blueprint for trillion-dollar giants—capital, tech, and network effects all in one. Question is, can other regions replicate that or is it a one-off phenomenon?
Microsoft was founded in Albuquerque and Facebook in Boston. They moved West pretty quick though. Think this is worse for the anti-West coast arguments.
Similarly Hollywood was founded on the west coast despite the film industry starting with Edison on the East
May be this is better way to put it more accurately? "Every trillion dollar company is HQ'd in west coast or started(Saudi Aramco) in west coast".
Also notable is that Getty Oil in Los Angeles, California taught the Saudis how to drill 🇺🇸🤝🇸🇦
Flexport’s SF office has such a cute aesthetic I love it. It’s in SF’s flatiron which is quite dope - it’s a 100+ year old which also housed Credit Karma and Medium.
Such a shame that our state and governor keep policies that chase them all out once they become successful
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Meta was founded in Massachusetts, Microsoft in New Mexico, they moved later just like Aramco
What was the reason that you guys decided to get into that building as it because Aramco has started there or more operationally convenient?
760 Market low key one of the highest value drivers :). You guys, my old co (CK), Figma, Unity, Medium, Indeed - all just in the last decade have gone through there. Cool that Aramco was founded there too.
That’s a wild fact. But also, one representative of a time that is passed. Present west coast < past west coast. The Great Plains of America may be the future of these companies. Or mars
Not true (Meta and Microsoft), but I think it is true if you amend it to say that they were either founded on the US west coast or by at least one Harvard dropout
“We go eastward to realize history and study the works of art and literature…we go westward as into the future, with a spirit of enterprise and adventure.”
Absolutely, the US west coast is like the Silicon Valley of trillion-dollar companies! Maybe it's all that innovation-inspiring sunshine and surf 🌞🏄‍♂️ Can't wait to see what the future holds! 🚀🤖
Is this not just a point in time argument? If you go back to the 70s, 80s, 90s and look at highest valued companies would the geo distribution skew?
the west coast embodies the world’s talent potential, uniquely enabled by the U.S.’s import of talent beyond boundaries of nationality or race