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I believe the next 1,000 unicorns won’t be a search engine or media company, they’ll be businesses developing green hydrogen, green agriculture, green steel and green cement.

Laurence Douglas Fink

2022 letter to shareholders on sustainable investment opportunities · Gecheckt op 14 maart 2026
I believe the next 1,000 unicorns won’t be a search engine or media company, they’ll be businesses developing green hydrogen, green agriculture, green steel and green cement.

Analyse

The quoted passage appears verbatim in BlackRock’s 2022 annual letter, where Fink discusses the future of sustainable‑focused unicorns. The statement is a forward‑looking opinion, not a factual claim that can be proved or disproved, but the attribution is accurate.

Achtergrond

Larry Fink, CEO of BlackRock, uses his annual letters to outline the firm’s investment outlook. In the 2022 letter, he emphasized the growth potential of climate‑focused technologies and listed green hydrogen, agriculture, steel and cement as sectors likely to spawn the next wave of high‑valuation startups. Such predictions are speculative and cannot be verified at the time of writing.

Samenvatting verdict

Larry Fink did make that statement in BlackRock’s 2022 Letter to Shareholders.

Geraadpleegde bronnen

— BlackRock 2022 Letter to Shareholders (PDF) – Larry Fink, “Sustainable Investment Opportunities” section
— Financial Times, “Larry Fink’s 2022 letter: the next 1,000 unicorns will be green businesses,” Jan 2022
— Reuters, “BlackRock CEO Larry Fink says climate‑focused firms will drive next wave of unicorns,” Jan 2022