Alphabet is reportedly mulling a $1B investment in Lyft
It’s about as good a timing as any for Lyft to capitalize on the tidal wave of negative publicity that Uber is facing right now. Alphabet appears to be discussing a $1 billion investment in Lyft in an effort led by CEO Larry Page. Lyft last raised $600 million at a $7.5 billion valuation in…
I’ve been using Lyft more and more lately and liking it.
Initially I tried Lyft a couple of years ago. I found the in-app tipping feature (something Uber did not offer at the time) a helpful feature. But more often than not I found the drivers preferred working with Lyft.
An infusion of cash from the Googleplex could only make it better.