Would you invest in Lyft if you could? Today, senior RSG contributor John Ince tackles this question, including how you might invest in Lyft, and why you should (or shouldn’t) invest in Lyft, if you had the opportunity.
Lyft is currently valued at around $15.1 billion. Clearly, it’s pretty difficult if not impossible for the average rideshare driver to invest in Lyft – for now. Until Lyft goes public on the stock exchange, drivers won’t easily be able to “invest” in Lyft. However, it’s interesting to think about if you could invest in Lyft, would you really want to? A secondary market, called EquityZen, recently offered shares of Lyft for sale, so I decided to look at how investing in Lyft would work and why, if at all, it would be worthwhile to invest in Lyft (hypothetically, of course).
By the way, we’ve noticed that Lyft is an extremely popular investment on EquityZen and it rarely becomes ‘available for investment’ but when it does, it’s gone in a matter of minutes.