San Francisco's IPO Boom Gets Muted

摘要

It was meant to be the latest San Francisco gold rush. After a startup boom that saw tech unicorns spend an unprecedented amount of time on the private market-amassing lofty valuations in the process-this was the year in which dreams of initial public offering riches were supposed to become a reality. A city already flush with wealth girded for a spending spree by newly made millionaires.