Yeah, all stocks are having a bad day, but Uber is down 9%. Lyft is testing 47.50, which was their last semi-real 409a price. The market is down 2% but ridesharing is getting demolished.
You probably meant over-hyped neo-taxi services which masquerade as tech companies.
So Lyft was valued at 15.1 billion last round with preferred price of 47.5? How come they are now at 13.x billion but with price still above 47.5? This doesn’t event take into account dilution.
Y'all did a bad job, and now the Saudis are pissed.
Hopefully they'll make it up by raising oil prices lol
Most can’t sell anyways. It's a long time to torture yourself looking at the stock price everyday until then.
Who would have guessed?
It’s not even the first week. Chill
Relax - worry about Saudi’s , you will be ok. If saudis get annoyed they will shut off gas for us
Simple - stop seeing the stock price , I remove everything I dont want to see - it’s like bury your head in sand. Uber is still diversified , Lyft is in a bigger risk .
Ignorance is a bliss
Been there, done that. Don't bother watching it when you can't sell. It's not worth the stress. When your time comes, odds are you'll still be ahead.
⚰️
I mean... all stocks are taking a beating.
Except GoPro 😊 It was the Uber of IPOs back in 2014. I'm glad they are possibly finally figuring things out. Perhaps it will take Uber 3-4 years to do the same.