Lyft’s major shareholders will collectively hold billions in value when the company debuts.
Lyft is poised to rake in as much as $2 billion when it debuts on the public markets later this month, and its major stakeholders are set to get rich.
The company plans to sell roughly 30 million class A shares at between $62 and $68 a piece, valuing the ride-hailing firm at up to $19.3 billion based on an outstanding share count of roughly 284 million class A and class B shares.
