Lyft is wildly unprofitable and lost $911 million last year — here’s how other unprofitable companies fared after they went public

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www.businessinsider.sg/initial-public-offering-how-unprofitable-companies-fared-2019-3/

Lyft went public Friday at a valuation of more than $20 billion despite recording heavy losses ahead of its initial public offering.

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Several other money-losing tech companies, like Uber and Pinterest, are preparing IPO filings.

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Markets Insider has compiled several examples of money-losing tech firms going public – they range from bankruptcies at Pets.com and Webvan to huge gains at Amazon.

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