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Breakingviews TV: Heavy Lyft

Monday, March 18, 2019 - 03:32

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.

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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.

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Breakingviews TV: Heavy Lyft

Monday, March 18, 2019 - 03:32