Uber to WeWork – the IPO flops that preceded Deliveroo

Deliveroo is one of several big technology companies to struggle to meet expectations when listing (Niall Carson/PA)

The failure of Deliveroo to convince investors that it is worth what its own bosses believe puts it in the company of several other major firms who have faced similar flops – but their stories might show a route out for the delivery giant.

As it started trading on Wednesday, Deliveroo dropped by as much as 30% as investors were unconvinced by the €8.9 billion valuation the company had given itself.