Yes, it's very unlikely for the same reasons. New York 'Wall St' is a very established industry. The biggest of Tech IPOs are chicken feed compared to the mon

Yes, it's very unlikely for the same reasons. New York 'Wall St' is a very established industry. The biggest of Tech IPOs are chicken feed compared to the money going through New York on a daily basis. If you want to be at the top of finance, you have to be in New York. Anybody who wants to work to the top, will end up in New York. The reverse applies to Tech, which is why both will stay top of their game for their respective current strengths. It's completely wrong to think of New York in terms of just JP Morgan as it is wrong to think of Silicon Valley as just Apple. New York doesn't care about the origin of the wealth. It's about raising the capital, repackaging it, and on-selling it, and trading it all the while. So any wealth generated in San Francisco that makes it as far as the public markets will end up going through NY anyway.