Lyft beats bigger rival Uber in filing for IPO - congratulations to Lyft employees
- Facebook YugeAnother sign of the market crash that's coming. All these unicorns are desperate to IPO and raise at least some of what they had hoped for. The window is almost closed.
- Facebook YugeIf you know how the market works, the trick is to dump big IPOs on retail (directly or indirectly) suckers at the moment they are most foolish. But some big ones wait too long or in case of Uber had distractions last year. Now they are desperate to get the money while there are enough suckers around.