SAN FRANCISCO — Big wealth doesn’t come in monthly paychecks. It comes when a start-up goes public, transforming hypothetical money into extremely real money. This year — with Uber, Lyft, Slack, Postmates, Pinterest and Airbnb all hoping to enter the public markets — there’s going to be a lot of it in the Bay Area. Airbnb was most recently valued at $31 billion, with Lyft and Pinterest around $15 billion and $12 billion. It’s hard to imagine more money in San Francisco, but the city’s residents now need to start trying.

Source: New York Times March 07, 2019 16:06 UTC