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Inside the Unicorn Economy

By Erin Griffith

Shown here, a lounge area at Dropbox, a cloud storage ­company founded in 2007 and now valued at $10.4 billion — making it a unicorn 10 times over, with a value just shy of the GDP of Nicaragua. The company has raised more than $1 billion to date and now boasts office space that proves it's not afraid to spend it. Full story →

Pricey real estate

Dropbox's offices may be a case study in why West Coast office rents are soaring. The company's current space is near San Francisco's AT&T park, and it's developing an additional 292,000 square feet of space in the city's SoMa district.

High design

Geremia Design, founded by 32-year-old Lauren Geremia, created Dropbox's interiors, including this mural made from — what else? — 23,000 Ping-Pong balls.

Chic accessories

A Foscarini Twiggy floor lamp from YLighting, a Bay Area company whose quirky-chic fixtures can also be found at WeWork, a startup unicorn that provides office space for other startups.

The new minimalism

These wooden work desks were built by Ohio Design, a San Francisco–based furniture maker that has seen its sales rise 25-fold in recent years thanks in part to unicorn clients like Uber, Airbnb, and Square.

This employee was probably expensive

Fortune 500 companies beware: Well-funded startups not only drive up employee salaries, they poach too. Over the past two years Dropbox has hired high-ranking executives from Google, Microsoft, and Twitter.