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Re:Lyft Files S-1 by ceejayoz on Friday March 01, 2019 @12:42PM (#19283313)
> But a $5B payout would have meant they could start a VC firm...

https://en.wikipedia.org/wiki/Y_Combinator

> In 2009, Sequoia Capital led the $2 million investment round into an entity of Y Combinator which would allow the company to invest in approximately 60 companies a year as opposed to their previous 40 companies a year. The following year, Sequoia led a $8.25 million funding round for Y Combinator to further increase the number of startups the company could fund.

I think they'll be OK if this is their goal.

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