Lyft Archives - CFO

Lyft CFO Takes Crypto Plunge Into OpenSea

Lyft CFO Takes Crypto Plunge Into OpenSea

Brian Roberts's move takes him from a big tech to an NFT marketplace that saw almost $1.9 billion in transaction volume over the past 30 days.

By Matthew Heller | December 6, 2021

CFOs on the Move: Week Ending December 3

CFOs on the Move: Week Ending December 3

Lyft, Fannie Mae, Aston Martin, Chesapeake Energy, Delta Apparel, Glassdoor, UBS, Verve Therapeutics, Excellarate, Rapid7, Metalenz

By Vincent Ryan | December 3, 2021

California Judge Says Lyft and Uber Drivers Are Employees

Risk & Compliance

California Judge Says Lyft and Uber Drivers Are Employees

The injunction has 10 days to take effect, giving the ridesharing companies time to appeal the decision.

By Lauren Muskett | August 11, 2020

Gig Worker Protection Bill Passes California Senate

Risk & Compliance

Gig Worker Protection Bill Passes California Senate

The bill would require gig economy workers to be reclassified as employees instead of independent contractors.

By Lauren Muskett | September 11, 2019

Lower-Than-Expected Loss Cheers Lyft Investors

Financial Performance

Lower-Than-Expected Loss Cheers Lyft Investors

“We are trying to drive profitable growth, not growth at all costs," CFO Brian Roberts says.

By Matthew Heller | August 8, 2019

Uber Lays Off 400 People; Lyft Eliminates Chief Operating Officer Role

Human Capital & Careers

Uber Lays Off 400 People; Lyft Eliminates Chief Operating Officer Role

Both ride-sharing companies experienced staff shake-ups on Monday after disappointing market debuts.

By Lauren Muskett | July 30, 2019

Analysts Expect Uber IPO to Outperform Price Range

Analysts Expect Uber IPO to Outperform Price Range

Despite weighty challenges, positive financial signals abound for the high-profile firm, and its still relatively new management team wins strong plaudits.

By David McCann | May 9, 2019

Lyft Posts $1.1B Net Loss, 95% Revenue Increase

Financial Performance

Lyft Posts $1.1B Net Loss, 95% Revenue Increase

The company' sees steady progress toward profitability after this year but revenue growth is expected to slow to 52% in 2019.

By Matthew Heller | May 8, 2019

Uber Drivers Plan Strike Ahead of IPO

Uber Drivers Plan Strike Ahead of IPO

Drivers for Uber and Lyft will turn off their apps to protest low wages.

By Lauren Muskett | May 7, 2019

Uber Revs Up for Long-Awaited, $10 Billion IPO

Uber Revs Up for Long-Awaited, $10 Billion IPO

The offering prospectus “renewed questions about how sustainable Uber’s business actually is," showing core revenue growth slowed to 39% last year.

By Matthew Heller | April 12, 2019

Pinterest Prices IPO to Raise More Than $1.2B

Pinterest Prices IPO to Raise More Than $1.2B

The conservative pricing raises "questions about investor demand for prominent but unprofitable technology companies."

By Matthew Heller | April 9, 2019

Are Unicorns Ready for Their Close-up?

Are Unicorns Ready for Their Close-up?

Going public doesn't necessarily prepare a company for being public, investor relations expert says.

By David McCann | April 3, 2019

Lyft Sets Price Range for IPO

Lyft Sets Price Range for IPO

The clock is running on one of the most hotly anticipated offerings of 2019.

By Lauren Muskett | March 18, 2019

Lyft Gets Head Start on Uber With IPO Filing

Lyft Gets Head Start on Uber With IPO Filing

Lyft's offering could be a bellwether for how a number of tech unicorns including arch-rival Uber are received by investors this year.

By Matthew Heller | March 4, 2019

What Wildfires, Hurricanes Can Teach About Risk Reduction

What Wildfires, Hurricanes Can Teach About Risk Reduction

Companies can leverage their involvement in infrastructure development to raise resiliency standards.

By Erik R. Peterson | October 11, 2017