Tech employment was reported to be up by 2% at the peak of the pandemic layoffs (2nd qtr 2020). In contrast, employment in arts, entertainment and personal services was down by more than 50%.
More Silicon Valley companies went public last year (24) than in any of the last 14 years. Silicon Valley startups received $26.4 billion in venture capital, the highest amount since the 2000 end of the dot-com boom.
Silicon Valley real estate trends will have to be watched to see if home prices diverge for different cities or different price ranges.
(More about the pandemic impact on Silicon Valley)
