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The Lyft IPO
Acquired
Alphabet and Sanity: The Rise and Fall of Lyft
The last round of funding that Lyft raises privately before the IPO yesterday was at a $15 billion valuation. And it says a lot to hear where I believe Alphabet or, you know, via capital G owns, I think a little over 5% of the company at IPO and GM owns close to 8% at IPO. The sentiment around the company had totally, totally changed throughout all of this Uber and sanity, which we will cover on their episode.
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