EXCERPT
In 2019, the company some had valued at more than $50 billion was ready for its IPO. But when Wall Street took a harder look, the wheels started coming off the bus.
Eliot Brown covers startups and venture capital for The Wall Street Journal. He joined the Journal in 2010 to cover real estate, and previously worked at The New York Observer. He lives in San Francisco.
Maureen Farrell covers initial public offerings for The Wall Street Journal, where she has been on staff since 2013. She previously worked at CNN, Forbes, Debtwire, and Mergermarket. She lives in Brooklyn with her husband and two daughters.