Lyft Category

April 10, 2019

You’ve just been harassed in an Uber or Lyft. Here’s what you can do.

A woman’s recent Lyft horror story involving an inappropriate driver has become yet another reminder that safety issues can be hard to navigate when using ride-hailing apps. But as a passenger, you do, in fact, have several different options you can …

April 8, 2019

Pinterest IPO pricing values company at least $1 billion lower than last fundraising

Pinterest’s price range for its upcoming IPO of stock values the company more than $1 billion below its last venture capital round in 2017.

April 7, 2019

Equity transcribed: Funding news round-up, a16z’s future, an upcoming IPO and more Lyft

Welcome back to this week’s transcribed edition of Equity, TechCrunch’s venture capital-focused podcast that unpacks the numbers behind the headlines. Here we put the words of our wildly popular venture capital podcast, Equity, into Extra Crunch members’ eyes instead of their ears. This week, TechCrunch’s Kate Clark and Crunchbase News’s Alex Wilhelm get rapid-fire on […]

April 6, 2019

Dissecting what Lyft’s IPO means for Uber and the future of mobility

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kirsten Korosec and Kate Clark led a deep-dive discussion into Lyft’s IPO and the outlook for the business going forward. After skyrocketing nearly 10% on its first day hitting the […]

April 6, 2019

Startups Weekly: US companies raised $30B in Q1 2019

In this week’s startups newsletter: What’s the deal with A16z? Why is Lyft’s stock sinking? And what’s ahead for the e-scooter industry?

April 5, 2019

Uber IPO underwriter Morgan Stanley denies reports that it marketed a short-selling product to Lyft investors

It’s getting bare-knuckled out there again in the ride-hailing wars. According to a report earlier today from The Information, newly public Lyft threatened Morgan Stanley with legal action earlier this week, demanding in a letter that the powerful investment bank stop marketing a short-selling product that it believed was disrupting trading in its stock. The […]

March 30, 2019

Equity transcribed: What the Lyft IPO means for IPO-ready unicorns

Welcome back to this week’s transcribed edition of Equity, TechCrunch’s venture capital-focused podcast that unpacks the numbers behind the headlines. We’re running an experiment for Extra Crunch members that puts the words of our wildly popular venture capital podcast, Equity, in your eyes instead of your ears. This week, Kate Clark and Alex Wilhelm recorded […]

March 30, 2019

Ride-hailing, bike and scooter companies probably raised less money than you thought

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor To get big faster, younger unicorns start buying startups sooner Small VC funds continue to raise, despite pressure from above After years of fierce competition as private companies, Uber and Lyft are going public on U.S. markets. […]

March 29, 2019

Lyft investors are banking on self-driving cars, not ride-sharing

Lyft became the first ride-hailing app to go public on Friday, skyrocketing to a $23.4 billion valuation.
But don’t get too excited for drivers. Investments in Uber and Lyft are basically big bets on future products like autonomous vehicles, no…

March 29, 2019

Lyft Rises 9% on First Day of Trading for a Market Cap of $26.5 Billion

Demand for the IPO was said to be 20 times stronger than Lyft’s available shares.

March 29, 2019

Equity Shot: Lyft is public — what does that mean for other IPO-ready unicorns?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

March 29, 2019

Lyft closes up 9% on first day of trading

Pink confetti fell from the ceiling Friday as Lyft co-founders Logan Green and John Zimmer celebrated their company’s IPO. The stock offering was a bona fide success, with shares selling for $87.24 apiece Friday morning — 21 percent higher than Lyft’s initial $72 share price — and closing at $78.29 per share. Lyft raised roughly […]

March 29, 2019

Lyft will donate $50 million a year to ‘improving city life’ through City Works

Lyft is aiming to improve underserved communities with a new program called City Works, which will launch first in Los Angeles.

March 29, 2019

Lyft was valued at $24.3 billion in its IPO, and raised more than it planned

Lyft was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do.