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> Zoom is one of the only actual profitable companies discussed, but the author tosses them into the list of disasters like WeWork. But let's unpack that: They
by morelikeborelax 7y ago
> Zoom is one of the only actual profitable companies discussed, but the author tosses them into the list of disasters like WeWork. But let's unpack that: They IPOed at $36 a share, and they're down to $88, and the lesson here is "oh man, public markets hate startups"? ...like, really?
Two weeks after the article it is up to 105.51 pre-market for Monday 2nd March after a high of 120.54 Friday 28th Feb. Now while there resurgence has happened due to COVID-19 it's still there.