Do Lyft and Uber IPOs signal stretched mobility tech valuations?
Two of the most-anticipated initial public offerings (IPOs) of the year have not gone exactly as planned, but what does that mean for other marketplace-style startups in the freight and mobility tech space? Ride-hailing companies Lyft (NASDAQ: LYFT) and Uber (NYSE: UBER), both high-growth and high-loss, turned to public markets to raise equity capital and […]