Strategy

How Lyft’s cofounders, Logan Green and John Zimmer, went from organising carpools on college campuses to running a ride-hailing company worth $29 billion

Logan Green and John Zimmer cofounded Lyft, then called Zimride, in 2008 after meeting on Facebook. Zimride started out as a side project before the founders moved to Silicon Valley and focused on bringing the ride-sharing service to college campuses. Lyft officially launched in 2012, and Green and Zimmer sold […]
How Lyft’s cofounders, Logan Green and John Zimmer, went from organising carpools on college campuses to running a ride-hailing company worth $29 billion
Tech

Here’s who’s getting rich from Lyft’s enormous IPO

Lyft’s anticipated multibillion IPO is a go, and it’s now trading on the public markets. The company priced its shares at $US72 to the institutional investors who subscribed to its stock offering. Shares immediately zoomed up to around $US85 right at the start of trading, a pop of some 21%. […]
Here’s who’s getting rich from Lyft’s enormous IPO