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American Success Story or Impending Disaster? Experts Wary of Lyft's IPO

Lyft IPO Lyft Uber

The story of Lyft's rise to glory is quite a tale. The ride-hailing service filed to go public on Friday with a potential valuation of $20 billion to $25 billion, with a familiar prospectus which shows rising revenue which could one day turn into immense future profits as well as overall losses which could send the company under without a cash injection. The path to success was hard fought for...