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> A host of major San Francisco-based companies such as Airbnb, Pinterest, Slack, Uber and Lyft have gone or plan to go public this year, minting thousands of n
by funkaster 7y ago
> A host of major San Francisco-based companies such as Airbnb, Pinterest, Slack, Uber and Lyft have gone or plan to go public this year, minting thousands of new millionaires overnight
I always wonder how much truth is in that statement vs FUD. Are there numbers on the (expected number of) people that will get >$2e6 for instance? My bet would be that the majority will be in the < $1e6 bucket: you could make it for a good down-payment, but maybe you could also just live a really good life somewhere else. Still, it would be interesting to get some numbers on that.
At least, that's my thought: if I ever have the money to be able to buy in cash a decent house in SF, I'm out of here :P