How the Bay Area tech IPO boom could create a ‘ripple effect’ in Seattle’s housing market

Ride-hailing company Lyft’s debut as a $24 billion public company on Friday kicked off an IPO frenzy that could echo across the technology landscape and alter housing markets well beyond the San Francisco Bay Area — and Seattle is at the top of the list of areas that could feel the impact.

Deniz Kahramaner estimates that the IPOs could create $250 billion in additional valuation.