I'm worried about the impact of collapsing valuations of Lyft and Uber. Out of curiosity, does anyone know what big successful companies have gone public when they were losing large amounts of money? What happened to the stock price?
https://www.google.com/search?q=groupon&tbm=fin#scso=_X0-dXJ...
Ultimately, depends on what you mean by success. I don't know of any companies that were VC cash burners, IPO'd, and then delivered great results over the next 5 years. I'd say that some must exist, surely, just don't know which they are.
Twitter's current stock price sits at ~75% of their IPO and their number of active users peaked at Q1 2018 (most likely boosted by Trump) and have been decreasing since. Twitter's situation may be worse than people think.
Hardly a success.
IPO was in 2012. Very different than Lyft.