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  #1  
Old Posted Jun 5, 2022, 3:47 PM
JMKeynes JMKeynes is offline
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Fortune 500

Not only is NY the Financial Capital of the World by a very wide margin, but it’s also the unequivocal corporate capital of America (in addition to being the cultural capital):

Fortune 500 Companies 2019: Who Made the List

2019 Fortune 500, by MSA
1. New York City MSA: 71 companies
2. Chicago MSA: 34 companies
3. Dallas MSA: 23 companies
4. Houston MSA: 22 companies
5T. San Francisco MSA: 19 companies
5T. San Jose MSA: 19 companies
7T. Atlanta MSA: 16 companies
7T. Minneapolis MSA: 16 companies
7T. Washington DC MSA: 16 companies
10T. Boston MSA: 13 companies
10T. Los Angeles MSA: 13 companies
10T. Philadelphia MSA: 13 companies
13. Seattle MSA: 11 companies
14T. Denver MSA: 10 companies
14T. Detroit MSA: 10 companies
16T. Bridgeport, CT MSA: 9 companies
16T. St. Louis MSA: 9 companies
18. Miami MSA: 8 companies
19T. Cincinnati MSA: 7 companies
19T. Milwaukee MSA: 7 companies
19T. Pittsburgh MSA: 7 companies
19T. Richmond MSA: 7 companies
23. Phoenix MSA: 6 companies
24T. Charlotte MSA: 5 companies
24T. Cleveland MSA: 5 companies
24T. Nashville MSA: 5 companies

https://fortune.com/fortune500/
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  #2  
Old Posted Jun 5, 2022, 6:00 PM
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Dallas and Houston will be flipping rankings soon enough... https://www.houston.org/news/exxonmo...arters-houston

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  #3  
Old Posted Jun 5, 2022, 6:15 PM
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And in other surprising news, the sun came up this morning...
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  #4  
Old Posted Jun 5, 2022, 6:56 PM
JMKeynes JMKeynes is offline
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Originally Posted by bilbao58 View Post
Dallas and Houston will be flipping rankings soon enough... https://www.houston.org/news/exxonmo...arters-houston

Is that the old HQ in Dallas or the new one in Houston? It’s beautiful.
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  #5  
Old Posted Jun 5, 2022, 7:26 PM
R1070 R1070 is offline
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Originally Posted by JMKeynes View Post
Is that the old HQ in Dallas or the new one in Houston? It’s beautiful.
That's the new one in Houston.
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  #6  
Old Posted Jun 5, 2022, 8:21 PM
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Minneapolis and Richmond punching above their weight classes. LA is lower than I would’ve thought.
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  #7  
Old Posted Jun 5, 2022, 8:31 PM
DCReid DCReid is offline
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The numbers per city do not take into account the market cap of companies. If they did, San Jose would probably be number one and Seattle number two given the prominence of tech. Even the city in Arkansas that houses Walmart would be highly ranked. Of the cities listed, it seems that Minneapolis is most impressive with 16, given the size of its metro.
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  #8  
Old Posted Jun 5, 2022, 9:14 PM
kittyhawk28 kittyhawk28 is offline
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Originally Posted by Nomad9 View Post
Minneapolis and Richmond punching above their weight classes. LA is lower than I would’ve thought.
California isn't a particularly low tax state which doesn't help for attracting HQs, and tech companies are usually up in the Bay anyways. The manufacturing companies based in LA are generally too small individually to qualify on the list. Regardless, it still has a lot of important bulks of operations of many companies, particularly in aerospace and manufacturing, but yes for corporate activity LA punches below its weight.
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  #9  
Old Posted Jun 5, 2022, 9:58 PM
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Los Angeles has never been an HQ city.
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  #10  
Old Posted Jun 5, 2022, 10:23 PM
JMKeynes JMKeynes is offline
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That's the new one in Houston.
It’s gorgeous.

I hope that Chevron moves its HQ to Houston.
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  #11  
Old Posted Jun 6, 2022, 12:21 AM
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Los Angeles has never been an HQ city.
Los Angeles/Los Angeles County has always had headquarters, just not a lot of Fortune 500 shit.
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  #12  
Old Posted Jun 6, 2022, 1:09 AM
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I was confused by Bridgeport but there's a weird overlap there where Stamford is generally considered part of the NYC Tristate/Metropolitan Area but Bridgeport MSA, which apparently includes Stamford, presumably is what this list uses.
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  #13  
Old Posted Jun 6, 2022, 1:11 AM
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Stamford is in the Bridgeport MSA, as Bridgeport is the largest city. Of course, that's kind of a Census quirk; Stamford is really the most important city and it's all part of the tri-state metro.
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  #14  
Old Posted Jun 6, 2022, 1:19 AM
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Quote:
Originally Posted by sopas ej View Post
Los Angeles/Los Angeles County has always had headquarters, just not a lot of Fortune 500 shit.
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  #15  
Old Posted Jun 6, 2022, 1:42 AM
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F500 data is neat but lately I've been focused more on this.

Cities with the highest number of unicorns worldwide in 2021
*A start up company valued at $1B+
San Francisco 151
Beijing 91
New York 85
Shanghai 71
Shenzhen 32
London 31
Bengaluru 28
Hangzhou 22
Paris 18
Berlin 17
Chicago 15

https://www.statista.com/statistics/...r-of-unicorns/

and this...
As of September 15, 2021
Scale up Companies: Have raised $1 Million+

7,894 Bay Area
3,498 New York
1,713 Los Angeles
1,155 Texas(Austin/Dallas/Houston)
1,039 Boston
655 Seattle
602 Chicago
353 Atlanta
195 Miami
30,007 US Total

Scaler: # of Companies raising $100 Million+
748 Bay Area
226 New York
92 Los Angeles
91 Boston
61 Texas(Austin/Dallas/Houston)
34 Chicago
23 Seattle
21 Atlanta
8 Miami
1,960 US Total

Super Scaler: # of Companies raising $1 Billion+
59 Bay Area
6 Los Angeles
4 New York
3 Boston
1 Atlanta
1 Miami
1 Texas(Austin/Dallas/Houston)
0 Chicago
0 Seattle
86 US Total

https://news.crunchbase.com/startups...lley-startups/
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  #16  
Old Posted Jun 6, 2022, 1:47 AM
DCReid DCReid is offline
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Interesting assertion from Wiki about Pittsburgh:

"For part of the 20th century, Pittsburgh was behind only New York City and Chicago in corporate headquarters employment; it had the most U.S. stockholders per capita.[9] Deindustrialization in the 1970s and 1980s laid off area blue-collar workers as steel and other heavy industries declined, and thousands of downtown white-collar workers also lost jobs when several Pittsburgh-based companies moved out..."
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  #17  
Old Posted Jun 6, 2022, 2:43 AM
JMKeynes JMKeynes is offline
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Originally Posted by Hudson11 View Post
I was confused by Bridgeport but there's a weird overlap there where Stamford is generally considered part of the NYC Tristate/Metropolitan Area but Bridgeport MSA, which apparently includes Stamford, presumably is what this list uses.
Stamford is a suburb on NYC. It’s a 45 minute train ride to Grand Central.
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  #18  
Old Posted Jun 6, 2022, 2:51 AM
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Originally Posted by JMKeynes View Post
Stamford is a suburb on NYC. It’s a 45 minute train ride to Grand Central.
Indeed. Bridgeport is also connected by train, but it stretches the geographical boundaries of being counted in NYC's MSA (as opposed to the full CSA) As Crawford already pointed out, its a quirk of the census. Bridgeport being the biggest city in CT and being a close neighbor to Stamford lead to Stamford being counted as part as Bridgeport for the sake of this list, not NYC. Otherwise I don't believe Bridgeport has any Fortune 500 company outposts, at least definitely not 9.
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  #19  
Old Posted Jun 6, 2022, 1:58 PM
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Originally Posted by DCReid View Post
The numbers per city do not take into account the market cap of companies. If they did, San Jose would probably be number one and Seattle number two given the prominence of tech.
I doubt it. NYC would almost certainly still be #1. However, SF/SJ are actually already #2 if you consider the Bay Area as a single metro (which I think most people do).
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  #20  
Old Posted Jun 6, 2022, 3:17 PM
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Originally Posted by iheartthed View Post
I doubt it. NYC would almost certainly still be #1. However, SF/SJ are actually already #2 if you consider the Bay Area as a single metro (which I think most people do).
I think San Jose/SF would be number 1 based on market cap. Apple alone is $2 trillion cap, between 5-10% of the total market cap of all US companies. Alphabet is over $1 trillion (or near it) as well.
https://companiesmarketcap.com/usa/l...by-market-cap/

Although NYC has the most companies in the Fortune500, none of the NYC companies are in the top 10, two are in the top 20 (JP Morgan Chase and Verizon), and only 7 or 8 are in the top 50.

https://eqvista.com/fortune-500-companies-in-the-us/
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