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Taxing your privacy

sudshr47 March 6, 2019

Joe Apprendi Contributor Joe Apprendi is a general partner at Revel Partners. More posts by this contributor The new era in mobile Big data’s humble beginnings Data collection through mobile tracking is big business and the potential for companies helping governments monetize this data is huge. For consumers, protecting yourself against the who, what and […]

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Go-Jek pulls in $100M more for its massive Series F round

sudshr47 March 4, 2019

U.S. ride-hailing giants Lyft and Uber are going public in the U.S. imminently, but over in Southeast Asia, the two largest on-demand companies are still madly fueling up on investment capital. The latest update to that story today saw Go-Jek, the Indonesian ride-hailing firm aiming to go regional in Southeast Asia, announced that it has […]

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Transportation Weekly: Polestar CEO speaks, Tesla terminology, and a tribute

sudshr47 March 3, 2019

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch . This is the fourth edition of our newsletter, a weekly jaunt into the wonderful world of transportation and how we (and our packages) move. This week we chat with Polestar CEO Thomas Ingenlath, dig into Lyft’s S-1, take note […]

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Equity Shot: Lyft files to go public and we’re stoked

sudshr47 March 2, 2019

Hello and welcome back to Equity. Guess what we’re talking about today! It’s Lyft. You guessed correctly.

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Lyft executives earned $300 as Lyft drivers, IPO filing reveals

sudshr47 March 1, 2019

Last year when Uber CEO Dara Khosrowshahi got behind the wheel to understand life as a driver for his ride-hailing company, he failed miserably. And it was all filmed. After Lyft filed to go public Friday, we learned that like its competitor, ride-ha…

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Lyft lays out financial risks associated with reclassifying drivers

sudshr47 March 1, 2019

In Lyft’s S-1 this morning, the company laid out the potential consequences for converting its drivers from independent contractors to W-2 employees. This, of course, has been an ongoing conversation within the gig economy. Those who work as 1099 contractors can set their own schedules, and decide when, where and how much they want to […]

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Lyft will give drivers a one-time cash bonus up to $10K

sudshr47 March 1, 2019

Hardworking drivers, rejoice! As part of Lyft’s initial public offering, the transportation company is deciding to reward the drivers who form the backbone of the company’s core service. The program will give a maximum cash bonus of $10,000 to drivers “in good standing” who have completed at least 20,000 rides as of Feb. 25, 2019. […]

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Lyft files to go public and reveals it lost so, so much money last year

sudshr47 March 1, 2019

Lyft filed for a $100 million initial public offering on Friday.
In its filing with the U.S. Securities and Exchange Commission, Lyft released its financial history for the first time. With the public disclosure, we now know that for the past three y…

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Lyft unveils its S-1 and nearly $1B in 2018 losses

sudshr47 March 1, 2019

According to the filing, Lyft recorded $2.2 billion in 2018 revenue on a net loss of $911 million.

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Four rounds for women-led startups, and a huge Series A for Motif

sudshr47 March 1, 2019

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. February is now behind us, but we gathered the troops to send it off in style: Connie Loizos was here, Kate Clark was in, I was around, and NEA’s Jonathan Golden joined us, as well. It was good […]

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Uber and Lyft are reportedly giving drivers cash to buy shares in their respective IPOs

sudshr47 February 28, 2019

Uber and Lyft are reportedly going to give money to some of its drivers to enable them to buy stock in the transportation companies’ respective initial public offerings, the Wall Street Journal reported earlier today. Citing people familiar with the matter, the WSJ says both Uber and Lyft will reward some of their more active […]