Editorial: The Decacorn, its Ethics and the bodies of the eviscerated. ‘The ride “share” meltdown

Hits: 77By, Craig Tresise 10th of May 2019 Good morning world. Today is the day for perhaps the biggest and most morally bankrupt IPO in the history of the universe. For those early investors in Uber hearing the bell ring on the NYSE later today will make the annual Silicon Valley Teddy Bears picnic look awfully dull. The Californian born decacorn Uber, that has spent 10 years mastering the art of losing money hand over fist, is finally going public. Paper Millionaires and Billionaires will wake tomorrow like little kids…

The Taxi Spring, Uber and Lyft IPO disasters offer a new chance for the taxi Industry to bring safety and accountability back to transportation.

Hits: 26Market analysts are calling today’s launch of the Uber IPO onto the stock exchange “The worst performing stock in US Stock Market History” . The now ONE-day-old Uber stock went through a sharp crash, a slight up tick and then an even lower crash to round out the day with a more than 3 point (7.62%) loss. This of course follows the vicious cycle of losses suffered by Lyft’s IPO which was introduced last month. The Lyft stock currently trades at nearly half it’s initial value and still has…