3min chapter

Acquired cover image

The Lyft IPO

Acquired

CHAPTER

The Story of Lyft

Logan and John are out there trying to raise money from anybody. They end up convincing Rakuten, the Japanese e-commerce company to invest. And then they add more money into the round from acquired super villain Carl Eiken. The summer of 2016, even though Lyft has managed to hang on, the New York Times reports that Lyft hires catalysts Frank Quattrone in an attempt to sell the company again.

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