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Technology Stocks
Uber Technologies and Lyft Inc. IPOs
An SI Board Since March 2019
Posts SubjectMarks Bans Symbol
32 3 0 LYFT
Emcee:  Glenn Petersen Type:  Moderated
Lyft Inc. filed its initial S-1 registration statement with the SEC on March 1, 2019. It previously filed a confidential statement on December 6, 2018. While the IPO has not yet been priced, the Wall Street Journal has reported that the company expects to be priced in the $20 to $25 billion range. The road show is expected to start during the week of March 18 and the IPO may occur before the end of March.

Uber filed a confidential registration statement on December 7, 2018. Its valuation has been pegged in the $120 billion range. The Uber IPO will probably be the largest - and the most controversial - IPO in the U.S. during 2019.

Uber and Lyft are the two largest ridesharing companies in the U.S., a market that Lyft describes as a "peer-to-peer marketplace for on-demand ridesharing." Uber, the poster child for the so-called "sharing economy," operates in about 70 countries and also has businesses in freight hauling, autonomous driving, food delivery, air taxis and artificial intelligence research. In contrast, Lyft is only available in the United States and Canada and has stayed tightly focused on its core ridesharing business. Both companies have focused on growth at the expense of profitability.

Lyft has benefited from a spate of scandals that rocked Uber in 2017, including allegations of sexual harassment made by its female employees, the resignation of its chief executive officer and its use of illicit software to deceive regulators. As a result, Lyft had a 39% share of the U.S. ridesharing market in 2018, up 17% in two years.

Uber SEC filings: Not available yet.

Lyft SEC filings: sec.gov

Uber website: uber.com

Lyft website: lyft.com

Two related SI boards:

Drones, Autonomous Vehicles and Flying Cars: Subject 59296

Among the biggest risks involved in the push to driverless cars is getting beaten in the race. The first companies to offer autonomous ride sharing “are expected to have long-term advantages compared with traditional non-autonomous ride sharing offerings,” Lyft says.

Peer-to-Peer, Gig, and On-Demand Economies: Subject 59463

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32Uber to Seal $3.1 Billion Deal to Buy Careem This Week Dinesh Nair, Matthew MarGlenn Petersen-yesterday
31DealBook Special: Everything You Need to Know About the Lyft I.P.O. Lyft hopes Glenn Petersen-yesterday
30Lyft to investors: We'll get to 20% margins...someday Potential investors atGlenn Petersen1last Friday
29Uber Picks New York Stock Exchange for Its Mega IPO By Eric Newcomer BloombergGlenn Petersen-last Thursday
28Lyft IPO Oversubscribed Ahead of Listing Next Week By Olivia Zaleski and EricGlenn Petersen1last Tuesday
27Wow pretty high priced IPO Thanks for info! eom.alwaysbmiki-last Monday
26Lyft sets $62-68 price range for its IPO to raise up to $2.1B, will trade as LYFGlenn Petersen1last Monday
25Don't Read This If You're Bullish About Lyft What does it say about LyfGlenn Petersen1March 15
24Lyft expands its bike-sharing footprint in Chicago: Divvy to get $50 million upGlenn Petersen-March 13
23How Much Alphabet Could Net From Uber and Lyft IPOs Alphabet is going to cash iGlenn Petersen-March 13
22The Servant Economy Ten years after Uber inaugurated a new era for Silicon VallGlenn Petersen-March 7
21Prosecutors find Uber not criminally liable in 2018 Arizona self-driving crash tGlenn Petersen-March 5
20Mickey vs Masa: The battle between Uber and Lyft pits two Japanese billionaires Glenn Petersen-March 3
19Most of the Uber and Lyft drivers I have talked to are content with their employGlenn Petersen1March 2
18I have discussed this with most Uber drivers I havd had.. They like being able tThe Black Swan-March 2
17You know there will always be bad guys.. When my then 24 year old daughter tolThe Black Swan1March 2
16I have not tried Lyft.. They are available in Toronto and some of the Uber drivThe Black Swan-March 2
15Citi Bike is pat of Motivate, which is owned by Lyft: Citi Bike To Roll Out 4,0Glenn Petersen-March 1
14Lyft lays out financial risks associated with reclassifying drivers Megan Rose Glenn Petersen-March 1
13Alphabet (Waymo) acquired a stake in Uber as part of a legal settlement: Uber AGlenn Petersen-March 1
12The Inside Story of How Uber Got Into Business With the Saudi Arabian GovernmentGlenn Petersen-March 1
11As we inch toward a transportation future featuring ride-sharing and autonomous Glenn Petersen-March 1
10Uber countered Lyft's acquisition of Motivate by acquiring Jump Bikes: The Glenn Petersen-March 1
9Last year, Lyft bought Motivate, a bike-sharing company: Uber looked at buying Glenn Petersen-March 1
8Softbank owns a 13% interest in Uber: SoftBank has successfully acquired a big Glenn Petersen-March 1
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