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The Nexus
BUSINESSJul 24 · 14:31 UTCQUARTZAnthony Lopopolo

Every tech IPO cycle promised to spread wealth around. None of them ever did

Tech IPO cycles have historically concentrated wealth in specific zip codes rather than distributing it broadly. The AI boom is projected to create 12,000 new millionaires in San Francisco alone.

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tech IPOtopicAI boomtopicSan Franciscoplace
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