The maker of denim and Dockers will start trading this week, a milestone for a 165-year-old company that has experienced a resurgence in the past decade. Source: NYT > Business – SAPNA MAHESHWARI
Lyft Sets $23 Billion Value as High-End Goal for I.P.O.
A regulatory filing sheds light on how much the ride-hailing company’s founders will reap as a result of the public stock sale, and how firm a grip they will keep on their creation. Source: NYT > Business – MICHAEL J. de la MERCED and KATE CONGER
Lyft Sets $23 Billion Value as High-End Goal for I.P.O.
A regulatory filing sheds light on how much the ride-hailing company’s founders will reap as a result of the public stock sale, and how firm a grip they will keep on their creation. Source: NYT > Business – MICHAEL J. de la MERCED and KATE CONGER
SoftBank and Other Investors May Buy $1 Billion Stake in Uber’s Self-Driving Cars
The talks precede Uber’s initial public offering and may ease worries about how costly it is to develop autonomous vehicles. Source: NYT > Business – MIKE ISAAC, KATE CONGER and ERIN GRIFFITH
The Rise of Silicon Valley’s New Mafias
With Uber and Airbnb readying to go public, networks of their former employees are expected to throw big dollars at new start-ups, starting the cycle over again. Source: NYT > Business – ERIN GRIFFITH
Uber Settles Drivers’ Lawsuit for $20 Million
Uber settled a lawsuit with drivers who sought employment status, resolving a longstanding legal issue ahead of its initial public offering. Source: NYT > Business – KATE CONGER