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Lyft Founders to Tighten Grip With Supervoting Shares in IPOJohn Zimmer and Logan Green are preparing to take near-majority voting control of the ride-hailing company when it goes public this year, despite together owning a stake of less than 10%.
Source: WSJ - 🏆 98. / 63 Read more »
Don’t Let Uber and Lyft Take You for a RideThis year’s most anticipated IPOs will hinge on whether investors believe the ride-hailing companies can stop burning money. tech is pulling the same scam they did in the 90s, hype it up. cash out. Color me dot.comed Uber was an experimental project of economic/social futurists and was fundamentally designed to burn money. It has no basis of economic reality. And turns out the new jobs of an Uber future look suprisingly similar to the Dibbawalla of India.
Source: WSJ - 🏆 98. / 63 Read more »
$1.85 billion Postmates has filed to go publicThe food delivery app Postmates is the latest tech company to file for a 2019 IPO.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Postmates Files for IPODelivery company Postmates Inc. has filed confidentially for an initial public offering, the company said Thursday. SheaSerrano I hope you get a piece of this sounds extremely overvalued like all startups
Source: WSJ - 🏆 98. / 63 Read more »