Matt Levine, Columnist

Lyft Had a Typo

Also ESG and interest rates, hedge-fund fees, proposition bets and mob insider trading.

February 14, 2024 at 5:37 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Ahahaha oops:

Here’s the earnings release, predicting “Adjusted EBITDA margin expansion (calculated as a percentage of Gross Bookings) of approximately 500 basis points year-over-year” in 2024. That 500 was supposed to be 50. Ah well.