<ul><li>Silicon Valley is the base for much of VC investment and has been the center of innovation for decades.</li><li>Nearly half of all VC investment comes into California with the bulk of that into SV.</li><li>Stanford University is a key driver of the success of the broader innovation economy.</li><li>California is home to around 329 unicorns, which represents about 51% of all U.S.-based unicorns.</li><li>As AI becomes the largest driver of startup valuations and investments, California is leading the way.</li><li>The value of VC investments made in California was $81 Billion during 2023 nearly 4X over New York.</li><li>Big Tech companies are both an outcome and a contributor of the Silicon Valley Ecosystem.</li><li>An ecosystem as successful and diverse as Silicon Valley requires more than 1 or 2 R&D drivers.</li><li>SVB was a key provider of Venture Debt, that non-dilutive venture funding that startups often used to build new products or launch into new markets.</li><li>Silicon Valley offers the absolute best ecosystem for startups in the world.</li></ul>

Silicon Valley Ecosystem

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