Lyft’s imminent IPO could value the company at $23B

Posted by doppp on Monday March 18, 2019 @12:56AM
from the techcrunch.com dept.

( 2 comments | 3 points | on HN )

Re:Lyft’s imminent IPO could value the company at $23B by dotcoma on Monday March 18, 2019 @02:36AM (#19419091)

How do they calculate the valuation, for a company that has been losing money for 6-7 years and will probably never turn a profit?

Is the valuation the price at which VCs unload it without losing any money and hand it over to small 'investors' (suckers)?

[ Parent | on HN ]

Re:Lyft’s imminent IPO could value the company at $23B by erkose on Monday March 18, 2019 @01:17AM (#19418837)

How much of the wealth will make it's way to drivers?

[ Parent | on HN ]