Lyft Has Proven It Can Grow, But Not Necessarily Make Money

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. The financial world must periodically stand agape at the wonder of “technology” companies as they first reveal their results to the public. Lyft, for example, caused much hoopla by […]

Data Sheet—Lyft Has Proven It Can Grow, But Not Necessarily Make Money

The financial world must periodically stand agape at the wonder of “technology” companies as they first reveal their results to the public. Lyft, for example, caused much hoopla by being the first of the expected mega-unicorns to file its IPO papers, as if a first-mover advantage matters in this regard. So Lyft is speedy. But […]