Question: A column on barrons.com as Lyft was preparing to launch its IPO contained the following advice: The Lyft IPO is sure to create excitement as

A column on barrons.com as Lyft was preparing to launch its IPO contained the following advice: “The Lyft IPO is sure to create excitement as other tech unicorns prepare to follow it to market. Investors should stand back on the curb until there is a clear road to profitability.”
a. What is a “tech unicorn”?
b. What does the columnist mean by “a clear road to profitability”? What challenges did Lyft face in becoming profitable?

Step by Step Solution

★★★★★

3.53 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a A tech unicorn is a term used to describe a privatelyheld technology company that has reached a valuation of 1 billion or more These companies are t... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Macroeconomics Questions!

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

A column on barrons.com as Lyft was preparing to launch its IPO contained the following advice: "The Lyft IPO is sure to create excitement as other tech unicorns prepare to follow it to market....

Journal of Business Ventures- Please create a summary (5oo words or less) of the attached journal article. The summary should discuss the main finding(s), the methods used, the implications of the...

PLEASE HELP WITH AN INTRODUCTION and Conclusion!! Thank you so much INTRO Use the introduction to state the focus or purpose of your analysis as well as to define the companys SBUs and the date of...

Please help with coming up with an introduction for this case. Can be put into bullet points on items to discuss. Thank you! Use the introduction to identify the company to be analyzed. In addition,...

2. Imagine you are a business analyst. Now review Google's strategy pre and post reorganization with special focus on the several businesses that are a part of the New Alphabet/Old Google. Is...

PLEASE HELP WITH AN INTRODUCTION and Conclusion!! Thank you so much INTRO - Please refer to the case that is attached, this has nothing to do with airlines Use the introduction to state the focus or...

Is it inefficient that the United States spends a larger fraction of income on health care than the fraction spent by other countries?

Design a square column of size 400x400mm with ceniaxial bending for a design load of 750 KN at an eccentricity of 40mm Use M25 concrete of fe 415 steel.

1. The frictional force acting on a crate as it is dragged is 600 . A person pulls it 2.0 m across a floor in 5.0 s. What is the power of the person?

Learn the formal lines of authority within your organization.

Compute the rate of return on the investment on the following cash flow. Year Cash Flow 0............................-$1200 1...............................+358 2...............................+358...

Determine the rate of return on the investment on the following cash flow. Year Cash Flow 0..............................-$3570 1-3............................+1000...

Bill purchased a vacation lot he saw advertised on television for an $800 down and monthly payments of $55. When he visited the lot he had purchased, he found it was not something he wanted to own....

To offset the potential negative impact of certain words, corporate leaders sometimes: a) use email to send the message. b) use well known phrases. c) use ambiguous language. d) share their codebook....

Describe the three essential management skills that differentiate effective managers from ineffective ones. Provide a work place example of how these skills could be used when dealing with the...

arke 20