The founders of Lyft Inc. 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%, making them the latest Silicon Valley entrepreneurs to secure outsize influence over a hot startup as it enters the public markets.
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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%.
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Lyft Trying A ‘Green Mode’ To Get More Of Its Riders Into Electric CarsThe option has launched in Seattle but will expand to California and other markets. Drivers who rent EVs through Lyft's Express Drive can recharge for free, at least initially.
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Lyft Has A ‘Green Mode’ Plan To Get More Of Its Riders Into Electric CarsConcerns about the impact ride-hailing services are having on urban congestion and emissions are growing, so it's not too surprising that Lyft has a new option to take on one of those issues
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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.
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$1.85 billion Postmates has filed to go publicThe food delivery app Postmates is the latest tech company to file for a 2019 IPO.
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Postmates Files for IPODelivery company Postmates Inc. has filed confidentially for an initial public offering, the company said Thursday.
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