Uber and Lyft IPOs will make a lot of people rich. But what about the drivers?

December 20, 2018 Posted By: admin Leave a comment

If ride-hailing app Uber goes public next year its valuation could hit $120 billion. Its smaller rival Lyft: $30 billion. But will drivers benefit?

Flush with cash despite years of never earning a profit, the companies will be able to do...