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Uber’s IPO was a failure by Uber’s own 2015 metric, says Susan Fowler

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We’re well into day two of Uber as a public company, and things aren’t looking much better for the ride-hailing service. Its debut day saw the stock price fall below where it was priced–and it’s going down again today.

Uber’s market capitalization is currently a little over $62 billion. That’s nothing to sneeze at, but it turns out, it’s nowhere near where the company hoped it would debut. Today, former Uber........

© Fast Company