After much anticipation, Lyft stock hit the public markets last week, with a nearly 10% pop on its first day of trading. However, concerns over the company’s lofty valuation, deep losses and uncertain path to profitability have caused the stock to fall flat in the days since.
TechCrunch’s resident transportation expert Kirsten Korosec and venture capital ax Kate Clark have been on the case, closely following the market’s reaction and the evolving theses around Lyft’s business… Today at 11:00 am PT, Kirsten and Kate will be helping Extra Crunch members understand how investors are thinking about Lyft and will be offering their views on where the company goes from here.
Tune in to join the Lyft debate as it unfolds, as well as for the opportunity to ask Kirsten and Kate any and all things Lyft, transportation, or venture.
To listen to this and all future conference calls, become a member of Extra Crunch. Learn more and try it for free.
via Startups – TechCrunch https://tcrn.ch/2UhevnX
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