Wednesday, 13 February 2019

Latest News - Lyft Founders Conspire to Take Control of $7.5 Billion Uber Competitor

Latest News - Lyft Founders Conspire to Take Control of $7.5 Billion Uber Competitor - how are you, friend Latest News , The article that you read this time with the title, namely Latest News - Lyft Founders Conspire to Take Control of $7.5 Billion Uber Competitor, we have prepared this article very well for you to read and take information in it. hopefully the post content Artikel Bitcoin, Artikel Cryptocurrency News, Artikel news, Artikel trading, I hope the articles we write can be well understood. alright, happy reading.

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The founders of Lyft, John Zimmer and Logan Green, are working on a plan to retain control of the company after it goes public. They will do this by creating a special class of stock that gives the holders “super voting” rights. The votes will allow the CEO and President to have fiat control. Exact details haven’t yet been made public. Lyft, whose value jumped to $7.5 billion after raising an additional $600 million last June, has raised $4.5 billion since its founding. All that fundraising has left Zimmer and Green with an actual stake of less than 10% in

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