Have you ever listened to Lyft drivers' stories on Pick Me Up podcast show, sponsored by Lyft? Those stories are beautifully told and are truly inspirational. However, since a few days ago, there has been a bigger Lyft story that has me and potentially another 60 million stock market investors in the U.S. wishing to be a Lyft driver. You ask, why?
Lyft, Inc. has just filed its S1 documentation with the United States Securities and Exchange Commission to go public on Nasdaq stock exchange in 2019. Lyft drivers, assuming that they have completed at least 10K rides with Lyft are going to get a slight bump in their net worth, because as you will hear in the latest episode of our Renegade Investors podcast show, Lyft drivers are entitled to a nice going-public bonus and have a chance to use that bonus to invest in Lyft's shares before the rest of us. While Lyft drivers are considering to become investors in Lyft, you and I, on the other hand, won't be able to complete 10K drives anytime soon. But, we may still decide to become an investor in Lyft when it goes public soon. The question is, should we?
This episode would not be possible without the free and openly available content around the web, especially on YouTube. We are fortunate to live in the golden age of free information. Thank you!
Detailed list of sources:
We are Hoda and Arash, the co-founders of Stock Card, and the co-hosts of the Renegade Investors podcast.