Nasir da Gawd eating off Lyft...valuation hits 2 billy

[I_Got_Da_Burna]

http://www.nasdaq.com/article/lyft-...est-funding-round-stocks-in-the-news-cm454891

Uber competitor Lyft announced it has raised an additional $530 million in its latest round of funding, bringing its valuation to $2.5 billion. It was led by Japanese e-commerce company Rakuten. Of the total $530 million, Rakuten invested more than half, supplying an impressive $300 million to the ride hailing service company. This investment gives Rakuten an 11.9% stake in Lyft.


Fortress Investment Group was also part of the new funding round. Existing investors include Andreessen Horowitz, Floodgate, Founders Fund, Mayfield Fund, and Alibaba.

Rakuten is known for actively investing in startup companies. They bought messaging provider app Viber Media for $900 million last year.

Read more: http://www.nasdaq.com/article/lyft-...und-stocks-in-the-news-cm454891#ixzz3a47xaexC

 

[DrexlersFade]

This shyt won't do numbers nikkas at they screens like this

 

[newworldafro]

Uber's at 50 billy. I was wondering when I was going to hear Uber in a rap song, and Drake has it one of his recent tracks.

http://www.forbes.com/sites/chrismy...-billion-valuation-and-what-it-means-for-you/

5/13/2015 @ 10:35AM

Uber’s massive market value surpasses 80%+ of all S&P 500 companies, many of which have been around for 20, 30, 50 or more years (Uber was started in 2009). At first glance, the $50 billion valuation seems absurd. However, if the company manages to continue its current growth trajectory (seemingly doubling revenue every 12 months or less), it is not as crazy as one might presume. Still, this sky-high valuation isn’t without risk.

 

[DanielAlfredsson]

Uber's at 50 billy. I was wondering when I was going to hear Uber in a rap song, and Drake has it one of his recent tracks.

Wale too

I call her boo cuz her real one I will forget
I use a Uber to scoop me to SLS
What you expect, a little groupie to see my crib?

 

[jwinfield]

Wale too

I call her boo cuz her real one I will forget
I use a Uber to scoop me to SLS
What you expect, a little groupie to see my crib?

Childish Gambino said it in a song in 2013

I-I-I-I-I need a minute, cold water to the face
I-I-I couldn't finish, got the Uber from her place
On my porch smoking vapor, hit with the Sunday paper
Listening to the neighbors...

 

[KEEPITTRILLA]

 

[Bickin Back Being Bool]

I got the shooters in the uber, nikka - Fabolous

 

[newworldafro]

yall got me with these Uber references...had no
idea

http://uberpeople.net/

 

[KENNY DA COOKER]

It's not 2 Billy in profit

It's 2 Billy in equity.....

No need to celebrate YET....

but props to NAS for being enterprising

 

[really tho]

Fabolous mentions uber in Lituation...

got shooters in the Uber

:edit: just saw the post above

 

[KravenMorehead™]

Commercial hiphop

 

[mson]

Celebrate if it gets sold for that much.

 

[Woodrow]

Celebrate if it gets sold for that much.

If it gets sold for 1/8 of that valuation... he's still caking.

 

[the cac mamba]

we giving dudes props for mentioning uber :

 

[PaperEnterprise]

Listening to "star wars" by nas...that man been Won