2 ms·
> It's a good thing for Lyft-the-corporation but a bad thing for anyone who bought into the IPO. Which in turn is and for the company since the new co-owners (
by johannes1234321 8y ago
> It's a good thing for Lyft-the-corporation but a bad thing for anyone who bought into the IPO.
Which in turn is and for the company since the new co-owners (shareholders) don't want to lose money but push the executives to "do something" (while in reality even combined most of the new shareholders don't have much voting power