The Lonergan SV150 is the definitive list of the top public companies in technology located in the Silicon Valley. Get the Company Rankings on a PDF suitable for printing, or for detailed metrics on each company, download the LSV150 datatable. Continue reading for our analysis and insights below.
2021 is a surge year for just about everything
2021 set records for just about everything in the Lonergan Silicon Valley 150:
Revenues: up 25% from last year’s ranking, to $1.56 Trillion - a new high
Net income: up 42% from last year’s ranking, to $342 Billion - also a record high
Market cap: up 8% from March 31 of last year, to $10.6 Trillion, despite the headquarters moves of newly Texas-based Tesla, Oracle, and HPE, as well as the downward pressure on stocks from recent global economic and political events — this is a record high for the LSV150
On top of all this record shattering, there was a blockbuster crop of 17 newly public companies added to the rankings, as well as eight moving HQs out of the area, and twelve being acquired/going private.
Our rankings are dominated by Apple: #1 ranked Apple (representing 24% of Lonergan SV150 revenue) continued to be a major contributor to determining overall growth. Apple grew calendar year 2021 revenues by 29% versus only 10% for the 2020 calendar year (Apple fiscal year adjusted per our ranking methodology; the Apple fiscal year ended September 30, 2021).
Continue reading our LSV 150 Company Insights for updates on new IPOs, acquisitions, and companies moving their headquarters…
Dismal number of women CEOs
Since we started tracking the number of women CEOs of the Silicon Valley in 2014, when there were five women CEOs in the SV150, we have not seen the metric break into double digits. There are currently eight women CEOs of the companies on our ranking.
This is despite two of our list’s rare women CEO-founders replacing themselves with women CEOs (at LSV#57 Stitch Fix and LSV#70 Sunrun).
Unlike our tracking of women board directors (see analysis below), the number of women CEOs in this ranking is not a metric with a trend line — the number of women CEOs inches up and down a little each year, but has seen no meaningful trendline improvement.
The current eight women CEOs of the Lonergan SV150 are:
- Lisa Su, AMD (LSV #20)
- Jayshree Ullal, Arista (LSV #49)
- Elizabeth Spaulding, Stitch Fix (LSV #57), replacing woman CEO-founder Katrina Lake
- Mary Powell, Sunrun (LSV #70), replacing woman CEO-founder Lynn Jurich
- Hayden Brown, Upwork (LSV #114)
- Julie Wainwright, founder of TheRealReal (LSV #118)
- Jennifer Tejada, PagerDuty (LSV #144)
- Ann Wojcicki, founder of 23andMe (LSV#148)