Making hardware is difficult by itself, but as all tech hardware requires software, hardware shops wind up needing wider domain expertise than pure-software startups.

This year we saw Peloton, a hybrid hardware and digital services company go public and struggle.

The company’s IPO price of $29 is uncomfortably close to its current value.

It traded above its IPO price of $15 at first.

It’s now worth its IPO price again, closing trading today worth about $14.80 per share. | To read full story, visit https://startuparound.com/read/1576877409.5286374/Hardware-IPOs-continue-to-struggle-–-TechCrunch?ref=audio_experience