The city’s upcoming frenzy of initial public offerings (IPOs) has become an everyday topic of conversation among San Francisco’s very plugged-in residents. Over the next two years, some of the decade’s biggest tech firms, among them Pinterest, Uber, and Airbnb, are expected to go public, with Lyft alone just announcing it would seek a value between $21 and $23 billion. Talk of IPOs and potential IPOs has everyone thinking about money, home values, and the threat of another prosperity bomb accelerating the city’s already sky-high cost of living.
