October 20, 2017
Ride-hailing platform Lyft, a competitor to Uber, announced Thursday (Oct. 19) that CapitalG, Alphabet’s growth investment fund, was the lead investor in a $1 billion round of financing. In a company blog post announcing the funding, Lyft said its valuation will be $11 billion following the investment. “We’re also excited to work with CapitalG partner David Lawee, who is joining […]