Why the wheels came off Deliveroo’s overheated stock market flotation

  • 📰 The Guardian
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Controversial share structures, employment conditions and ambitious valuations made the delivery company’s listing a flop. But all may not be lost…

Deliveroo suffered on its first day as a public company meant London had just witnessed the least successful stock market float in its history.

 

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The rag salivating. What a laugh

DeliverooSucks

Ahead of the listing, advisers at Goldman Sachs and JPMorgan had valued the food delivery firm at as much as £8.8billion. Maybe, just maybe, those advisers have some responsibilities...

Interesting to see Flopperoo has put £112,000,000 aside to defend against those employed to do the actual delivery being classified as employees. Technofeudalism needs new measures to end it.

deliveroops

95% only bad news(

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