Lyft investors can expect a big payday when Lyft's shares go public and they are fee to sell them. Here's who Lyft named as its biggest shareholders.
is now open to the public and it lists who the major shareholders are. These are the executives and venture investors who will reap a huge financial windfall should the public love the stock and drive the share price up.
In 2012, they launched a ride-sharing service that used a mobile app called Lyft. It took off from there. Zimmer is also the second-largest shareholder of stock among Lyft's executive ranks, sharing that spot with his cofounder. He owns the same exact number of shares, almost 1.2 million.Japan-based eCommerce powerhouse Rakuten poured $300 million into Lyft in 2015 as part of a broader, $530 million financing round and Rakuten's founder CEO joined the board.
Rakuten owns nearly 31.4 million shares, or 13% of the company, managed by its founder CEO Hiroshi Mikitani.General Motors and Fidelity each own nearly 19 million shares, almost 8% of the company each.
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