DoorDash proved to be the ultimate IPO for the pandemic era ...Middle East

DoorDash soared in its debut on the New York Stock Exchange, opening at $182—and handily summarizing a year’s worth of business and finance trends in one well-subscribed IPO.The stock opened nearly 80% above the initial offering price of $102, which valued the food delivery company at $41 billion. According to Pitchbook, that makes it the third-highest valuation of any VC-backed company, after Uber and Facebook, to list on the US exchanges in the past decade.DoorDash’s IPO reflects not just the historic amount of froth in the IPO market this year, but also the growth of an industry that barely existed a decade ago, a staffing model that is forcing society to rethink how it defines an “employ

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