Watch: Lyft has first-mover advantage over Uber, but supervoting shares for the founders and no clear path to profitability pose tough questions for investors, richardbeales1 explains.
The ride-hailing company seeks a valuation of up to $23 bln with its public offering. Lyft has first-mover advantage over Uber, but as Richard Beales explains, supervoting shares for the founders and no clear path to profitability pose tough questions for investors.
The ride-hailing company seeks a valuation of up to $23 bln with its public offering. Lyft has first-mover advantage over Uber, but as Richard Beales explains, supervoting shares for the founders and no clear path to profitability pose tough questions for investors.https://reut.rs/2FlI1Aa
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Lyft opens up its IPO road show, offers 30 million shares
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