Will IPO hopes for Uber, Lyft and Airbnb be dashed by today’s stock market plunge?
December 04, 2018 at 17:26 PM EST
For Bay Area residents, the market's decline goes well beyond stock portfolios. The money minted in IPOs is a key driver in the region’s economy, driving gains in home prices and in the value of employees’ stock options received as part of their compensation.