uber and lyft ipo
Uber And Lyft IPOs Will Make Many People Rich But Not The Drivers
HONG KONG, CHINA - 2018/12/02: American online ridesharing and transportation network company Uber logo is seen on an Android mobile device with a figure of hacker in the background. The tech, Wall Street, and investment castes are positively buzzing about Lyft and Uber going public. Lots of money to be made. The anticipatory buzz has been building for a time. The two rideshare companies certainly need access to cash. When you're burning through billions a year, as Uber has been, or even hundreds of millions like Lyft, then there is only so long you can rely on the kindness of deep-pocketed strangers.