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this is playing right into Uber's hand's, part of their fundraising strategy was to scare investors from putting more money into Lyft and it may be finally payi
by flylib 10y ago
this is playing right into Uber's hand's, part of their fundraising strategy was to scare investors from putting more money into Lyft and it may be finally paying off.
Now Lyft won't be in a position of leverage when they have to sell themselves as no one wants them at their current price and acquirers will know Lyft is running out of options and will be 1/4 of the price by the end of 2017