Tech CEOs in San Francisco are paying $10 million to throw ragers when their companies go public
And their executives are preparing accordingly — with $10 million-plus celebratory ragers., who provides private entertainment and music for events, told Bowles.
"We see multiple parties per IPO for the company that is IPOing, as well as firms that are associated to them," he said."They're wanting to bring in A-list celebrities to perform at the dinner tables for the executives. They want ballet performers." Clients are even seeking entertainment in the form of themed concerts with fleets of bands, Siegan told Bowles.San Francisco could be home to thousands of new millionaires by the end of 2019, and it's sparking a 'housing madness' in the already wildly expensive cityRobert Chislett, founder of ice-sculpting company Chisel-it, told Bowles he's expecting a"long year.
That's not to mention requests like ice chairs, ice rockets"to indicate that the company's stock will be like a rocket," and ice cubes, of course — all to be carved with the company's logo, Chislett told Bowles. Over-the-top parties are arguably a rite of passage when a company goes public. When Alibaba celebrated its IPO, it threw aBut IPO or no IPO, Silicon Valley parties in general are known to be extreme.
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