Deals
Icahn Says Lyft Worth More Than $2 Billion Based on Uber Value
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Lyft Inc. is worth more than its recent $2 billion valuation, based on the $50 billion value of larger car-hailing rival Uber Technologies Inc., investor Carl Icahn said, after he led a fundraising round at Lyft last week.
“If Uber is worth $50 billion, Lyft is worth a lot more than $2 billion,” Icahn said today in a phone interview with CNBC. “Under the right circumstances, if they keep growing the way they would, I would certainly be very interested in putting more money in and I’m sure I’m not the only one.”