Quite a setup on Lyft! It will be interesting to see how other Unicorns get priced in this market. I also think that the buying in these new IPOs could be a drag to the market as it could dilute interest in existing stocks.
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I agree and I think we will also see a lot of churn as people wash in and out of their pet IPO's.
I am keen to be involved in the whole ride sharing idea BUT I do not like the idea of holding the stock just yet.