• Triton

For Lyft, Favorable Deal Dynamics Hide a Tough Task Post-IPO

In their article for the Financial Times, Nicole Bullock and Shannon Bond examined the upcoming Lyft IPO as investors gathered for the company's IPO roadshow. The prominent buzz around Lyft, however, might hide an underlying weak company that faces a tough challenge to sustain the enthusiasm post-IPO. "Lyft will move up the price and it will go like gangbusters initially and then we will have the first-quarter earnings and the disillusionment will set in,” said Wallace, saying that fund managers could buy it at the IPO price then sell into the initial rally, or buy Uber when it lists. “That will be the ride." Full article in the Financial Times - HERE


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