![FILE - In this May 10, 2019, file photo the statue of Fearless Girl stands in front of the New York Stock Exchange before Uber, the world's largest ride-hailing service, holds its initial public offering. (AP Photo/Mark Lennihan, File)](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/C54GI4U6GX44RCTYGDTQZOMRIY.jpg?smart=true&auth=5c29d49e9d9e03df345defdc092497735fd41910edcd295896c797c167299cec&width=400&height=225)
Uber was trading just above $30 per share on December 30, about one-third lower than its IPO price of $45 per share in May. AP Photo
Uber was trading just above $30 per share on December 30, about one-third lower than its IPO price of $45 per share in May. AP Photo
The year many of the world's tech unicorns became donkeys
The debacles of 2019 carry two simple lessons for investors and analysts
Bhaskar Chakravorti
31 December, 2019