Millionaires and billionaires, anyone?
Bay Area housing and state tax revenues may be in for a wild ride as at least six companies valued at over $1 billion are set to go public.
The number-crunchers estimate Uber will be valued at around $91 billion, making it one of the most gigantic initial public offerings in technology.
Meanwhile, state officials say they are about to rake in the largest haul of capital gains taxes the state has ever seen, even before any IPO windfalls are figured in.
Even though what goes up can definitely come down, it seems a little different from the days of sock puppet IPOs.