Cazoo car crash, skidding on a shares fall of 99.9%, ends an American dream | Nils Pratley

Investors denied used-car website a £6bn-plus valuation in London, leaving New York to do the deal. UK fund managers are not such dinosaurs thenOne of life’s unfairnesses, officials at the London Stock Exchange sometimes grumble, is that high-profile flotation flops in the UK tend to be remembered for years whereas IPO disasters in New York are quietly forgotten as the locals move on and look for the next big thing. The complaint has some merit. Take Cazoo, whose car crash for invest