Logan Green, the co-founder and former CEO of ride-hailing platform Lyft, will remain on the company’s board despite opposition from some shareholders, according to preliminary results from the
UPDATE: This article has been updated with compensation package information for Green, Zimmer and Risher. Lyft co-founders, CEO Logan Green and president John Zimmer, are stepping down from their role
To understand the driver incentive issue in the wake of Q1 earnings, we’ll first explore Lyft’s situation, and then compare it to what Uber said.
Welcome back to Human Capital. In this week’s edition of HC, you’ll read about the latest labor struggles at Amazon and the Chan Zuckerberg Initiative, President-Elect Joe Biden’s promises to gi
TGIF, am I right? Welcome back to Human Capital, where we explore some of the latest news in labor, diversity and inclusion in tech. This week, we’re looking at the use of “master/slave
Lyft is sticking to its previous target to hit quarterly adjusted profitability by the fourth period of 2021, a milestone it says it can achieve even with fewer rides. The company reiterated its quart
A glimpse at Lyft’s stock price Wednesday, which soared as much as 16.77% after first-quarter earnings were reported, suggested all was well in the ride-hailing company’s world. In this CO
Shortly after going public, Lyft is losing one of its top executives.
In its first-ever earnings report as a public company, Lyft (Nasdaq: LYFT) failed to display progress toward profitability. The ride-hailing business, which raised $2 billion in a March initial public
Lyft is partnering with Magna, one of the largest tier-one automotive industry suppliers in the world, on autonomous vehicle technology. Lyft CEO and co-founder Logan Green explained that this will h
Lyft has hired a new C-level executive: Jon McNeill, who joins as Chief Operating Officer. McNeill previously held a top role at Tesla, where he was president of Global Sales & Service, overseeing
The ridesharing company says more than 1 million new customers gave the service a spin last month. It previously told TechCrunch it had picked up 17 million rides in October, more than 2.4x’s t
Back in 2007 co-founders John Zimmer and Logan Green envisioned a new kind of mass transportation carpooling system connecting riders and drivers across the nation. They called it Zimride. But it turn
Earlier this week I benefitted from a drop in Uber Pool pricing, noting my ride was a whole Starbucks medium-size latte less than Lyft Line. Lyft, fresh with a new billion dollars in funding, is now d
We enter the land of ride-sharing startup Lyft on this week’s episode of Cribs. Lyft’s San Francisco headquarters are a bit like entering Willy Wonka’s factory – if it were pa
It may not have the mega-valuation of rival Uber, but ridesharing startup Lyft’s new $150 million extension to its $530 million round from March certainly puts it in the upper stratosphere of st
Lyft co-founder and CEO Logan Green took the stage at Disrupt NY to update everyone on the company's current focus. Lyft has been iterating quickly for the past few months, and our own Ryan Lawler gav
Disrupt NY is just a few days away, and we have some of the most iconic entrepreneurs and thought leaders in the tech industry lined up to speak throughout the three-day-long conference. You can stil
The last time Lyft CEO Logan Green graced the Disrupt stage, in September 2013, the mobile ride-hailing service was a little more than a year old. Back then Lyft was available in just 10 markets, but
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