Breakingviews TV: Lyft the veil

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Breakingviews TV: Lyft the veil
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Watch: Potential Lyft investors may be wondering if growth can continue and if it will ever turn a profit large enough to justify a $25 billion valuation, explains rob_cyran.

Lyft is hitting the trail for its initial public offering just ahead of larger ride-hailing rival Uber. Rob Cyran discusses how investors might react to the money-losing company’s effort to achieve a valuation up to $25 billion – with Uber and other big tech firms also set to go public.

Lyft is hitting the trail for its initial public offering just ahead of larger ride-hailing rival Uber. Rob Cyran discusses how investors might react to the money-losing company’s effort to achieve a valuation up to $25 billion – with Uber and other big tech firms also set to go public.https://reut.rs/2ELF6Ae

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