While the stock market steadied after Thursday’s 10% plummet, Uber and Lyft each fell another 3%-4%. Their declines highlight a reality about the coronavirus-inspired stock selloff. The ride hailing firms have been among the worst hit of any of the tech stocks. Lyft and Uber have each lost 50% of their value in the past few weeks, about twice as much as the overall market. Lyft is now trading...
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Patreon Considers Public Listing as Soon as This Year
Patreon, the online service that allows podcasters, musicians and other artists to receive direct financial support from fans, is considering a public listing as soon as this year, said a person with knowledge of discussions. The San Francisco startup has met with banks and has been approached by special purpose acquisition companies, though the latter path to the public markets isn’t...
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