Source: San Francisco Chronicle
Summary
San Francisco’s tech economy has led to a surge in wealth among employees of private companies, who are accumulating and cashing out fortunes.
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Tech employees in San Francisco are getting rich, really rich. They’re cashing out fortunes, because who needs that much money? It’s not like they’re buying up all the housing or anything. The city’s tech economy is just quietly creating a new class of millionaires. Because that’s exactly what the city needed.
Author: Evan Null
