For decades, the majority of startup culture seemed to focus on the activities of businesses based in Silicon Valley. From Listia to Evernote, Silicon Valley is a hotbed for some of the today's most popular tech companies.

A pre-let is a lease agreement signed before a property is completed or ready for use. It allows tenants to secure space in a new building in advance. Developers often use pre-lets to attract investment and ensure demand before construction or renovation begins.