Early Lyft investor Ben Horowitz picked it over Uber because 'character and culture' was better

Major Lyft investor Ben Horowitz said he invested in the company over Uber in part because he liked the founders better.

"We liked the character and culture of the Lyft guys better than Uber and continue to," Horowitz told CNBC's"Squawk on the Street" on Friday morning, ahead of the company's debut on the public market. He expects Andreessen Horowitz to stay invested in the company for 10 years or more, and said he's"happy to stay patient" as the company progresses.

"When you have a company that's winning share you stay in it," Horowitz said."It's going to continue to win share for the foreseable future."

Lyft is an exploitive company. They were paying over 90% of their drivers in NYC less than min wage:

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