4min chapter

Acquired cover image

The Lyft IPO

Acquired

CHAPTER

The History of Lyft

The day after Lyft's IPO, the company raised 2.3 billion dollars per month. It's hard to believe now, but just about seven short years ago, it did not exist and is now one of the largest technology-enabled markets in the entire world. What we are not going to talk about on this show is the history of Uber, which is quite different. We will save that for the Uber IPO show, which is coming later this season, hopefully. But we have a long story to tell. It is a story of transformation, metamorphoses, story of betrayal, a story of good and evil.

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