Uber and Lyft are racing each other to go public. Here’s why. The Goods, Winter 2018

Client: The Goods

Writer: Chavie Lieber

Illustrator: Sarah Lawrence

“Uber and Lyft have been battling each other for dominance in the ride-hailing space for years, and going public, where shares of their company will be openly available to buy and sell on the stock market, will be a major step for both of them. In addition to getting enormous payouts, both companies will enjoy the buzz that comes with an IPO, which Uber needs as it struggles with seemingly nonstop scandals, and which Lyft needs since it perpetually lives in Uber’s shadow.”

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