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Disruptors need sound business models too

If they continue to defy traditional, discounted cashflow valuation methods, despite changing the world, upstarts could turn into flops.

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A Blue Apron Holdings delivery package. The company, which sends people ingredients and recipes so they can cook at home without worrying about grocery lists, claims to have reimagined the traditional grocery business model.

BLUE Apron is a company that claims to have "reimagined the traditional grocery business model". Thursday's disappointing initial public offering makes you wonder if investors are losing faith in such "reimaginings". Perhaps not, but it's time to ask ourselves whether even some of Silicon Valley

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