As Lyft kicks off IPO roadshow, investors still uncertain about profitability

As Lyft kicks off IPO roadshow, investors still uncertain about profitability

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/03/21/as-lyft-kicks-off-ipo-roadshow-investors-still-uncertain-about-profitability.html

Lyft is in the process of courting investors, but potential buyers still question how and when the company will make money.

The ride-hailing start-up is wrapping up the first week of its "roadshow," a series of presentations across major U.S. cities ahead of its highly-anticipated public offering. Multiple potential investors attending Thursday's lunch, hosted by Credit Suisse, told CNBC they were skeptical about profitability.