Snohomish County home to billion-dollar companies | History Files
Last updated 10/29/2021 at 11:45am
Why does it matter that Seagen is now the sixth most valuable company in Washington, and who cares other than shareholders? Would the jobs at Seagen still be as valuable if the headquarters were based in Hoboken?
In the 150-year history of Snohomish County, only eight Snohomish County companies have reached a market capitalization of $1 billion or more. (Market capitalization is calculated by multiplying the value of one share by the total number of shares.)
Market capitalization gives a snapshot value of a company at any given moment.
Snohomish County was always the younger, smaller siblin...