By Andy Gordon WeWork is grabbing all the headlines for its failed attempt to continue the illusion that it’s worth tens of billions of dollars. As it tried to make the transition from a private company to a public one, investors simply weren’t buying it.
But the problem isn’t just WeWork. This year has seen a number of high-flying startups come crashing down to earth after their overhyped IPOs. Uber, Lyft, Peloton and Slack have all lost value since they IPO’d.
What’s wrong with the IPO market?
The answer lies with the IPOs that did well. And, yes, some actually did exceedingly well…
Zoom has gone from …read more
