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."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Lyft prices IPO at $72 per share: SourceLyft IPO priced ahead of Nasdaq debut expected Friday.
Weiterlesen »
Lyft 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.
Weiterlesen »
Lyft prices IPO at $72 per shareLyft IPO priced ahead of Nasdaq debut expected Friday.
Weiterlesen »
Lyft valued at $24.3 billion in first ride-hailing IPOLyft Inc was valued at $24.3 billion in the first initial public offering (IPO) ...
Weiterlesen »
In market debut, Lyft counters Uber with 'nice guy' imageLyft Inc has been challenging larger ride-hailing rival Uber Technologies Inc fo...
Weiterlesen »
Lyft raises IPO price target as investor fret over missing outLyft Inc on Wednesday raised the price range for its initial public offering, as...
Weiterlesen »
Lyft Inc. Cl ALyft Inc. Cl A stock price, stock quotes and financial overviews from MarketWatch.
Weiterlesen »