RIDEGURU
The ride-hailing company’s stock price should be closer to $59 says NYU Stern professor Aswath Damodaran, who values Lyft around $15 billion, considerably lower than its valuation at IPO over $20 billion.
Who bought Lyft? Apparently, their shares could only be worth $59 lol
Posted 5 years, 9 months ago
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Frank Michael (frank3)
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Comments
Well, yeah, when you buy a company that is hemorraging money, that's what should happen... Don't buy into the Silicon Valley hype. use your head.
I think most of us were smart enough to avoid it... thankfully.
Ouch, though not surprised.