A South Carolina college student was killed last weekend by a man posing as a ride-share driver, the police said. Across the country, women have reported dozens of similar attacks in recent years. Source: NYT > Business – JACK HEALY
Lyft Is Luring Investors, Just Not the Kind It Wants
Lyft’s I.P.O. was a test of investor appetite for fast-growing but unprofitable tech companies. Short-sellers are betting that appetite will fade. Source: NYT > Business – STEPHEN GROCER
DealBook Briefing: Lyft Crashes Back to Reality
Investors have decided that the ride-hailing service was overvalued after its I.P.O. That spells trouble for Lyft, and other unicorns looking to go public. Source: NYT > Business –
Lyft Drops Below I.P.O. Price in Second Day of Trading
The rapid decline raises questions about investors’ appetite for fast-growing but unprofitable tech companies. Source: NYT > Business – KATE CONGER
With Interest: The Week in Business: The Sackler Family Gets Sued, and Theresa May’s Darkest Hour
Plus, Apple makes TV shows now, and China trade talks pick up steam. Source: NYT > Business – CHARLOTTE COWLES
Lyft Shares Soar in Trading Debut That Bodes Well for Wave of Tech I.P.O.s to Come
Lyft’s I.P.O. underscored the depth of investor hunger for fast-growing young tech businesses, even if they are deeply unprofitable. Source: NYT > Business – KATE CONGER and MICHAEL J. de la MERCED