We Love to Analyze Disastrous IPOs. Here’s What Actually Matters: Term Sheet for Monday, May 13

We can't help it -- we love doom. A quick sampling of today's headlines following Uber's initial public offering that took place on Friday: "One of the Worst Performing IPOs Ever" and "Uber Bombed. Now What?"

Before we dive into Uber, let's take a stroll down memory lane to almost exactly seven years ago. It was May 18, 2012, and Facebook was making its public market debut on the Nasdaq. There was buzz and anticipation following reports that analysts were expecting it to reach a valuation of $100 billion. But then, the day came, and it wasn't pretty.

Original source
http://fortune.com/2019/05/13/term-sheet-monday-may-13/

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