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by perlgeek
2634 days ago
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> it will diminish its ability to raise further equity and its bankers will lose the trust of the IPO investors ... and since Lyft is far from being cash-flow positive, it wouldn't surprise me much if they were looking for new money in 1 to 2 years. So if this turns out to not just be the market being volatile, but a serious trend, this can hurt them quite a bit. |
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