Early Lyft investor Ben Horowitz picked it over Uber because 'character and culture' was better

Canada News News

Early Lyft investor Ben Horowitz picked it over Uber because 'character and culture' was better
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Early Lyft investor Ben Horowitz picked it over Uber because he liked the 'character and culture of the Lyft guys.'

Major Lyft investor Ben Horowitz said he invested in the company over Uber in part because he liked the founders better.

"We liked the character and culture of the Lyft guys better than Uber and continue to," Horowitz told CNBC's"Squawk on the Street" on Friday morning, ahead of the company's debut on the public market. He expects Andreessen Horowitz to stay invested in the company for 10 years or more, and said he's"happy to stay patient" as the company progresses.

"When you have a company that's winning share you stay in it," Horowitz said."It's going to continue to win share for the foreseable future."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lyft prices IPO at $72 per share: SourceLyft prices IPO at $72 per share: SourceLyft IPO priced ahead of Nasdaq debut expected Friday.
Read more »

Lyft to investors: We'll get to 20% margins...somedayLyft to investors: We'll get to 20% margins...somedayLyft is expected to price its shares above the target range for its initial public offering, which is expected on Friday.
Read more »

Lyft prices IPO at $72 per shareLyft prices IPO at $72 per shareLyft IPO priced ahead of Nasdaq debut expected Friday.
Read more »

Lyft valued at $24.3 billion in first ride-hailing IPOLyft valued at $24.3 billion in first ride-hailing IPOLyft Inc was valued at $24.3 billion in the first initial public offering (IPO) ...
Read more »

In market debut, Lyft counters Uber with 'nice guy' imageLyft Inc has been challenging larger ride-hailing rival Uber Technologies Inc fo...
Read more »

Lyft raises IPO price target as investor fret over missing outLyft raises IPO price target as investor fret over missing outLyft Inc on Wednesday raised the price range for its initial public offering, as...
Read more »

Lyft Inc. Cl ALyft Inc. Cl A stock price, stock quotes and financial overviews from MarketWatch.
Read more »



Render Time: 2025-03-04 13:06:35