Here's who's getting rich from Lyft's enormous IPO
David Paul Morris/Bloomberg via Getty Images
- The S-1 paperwork for Lyft's anticipated multi-billion IPO is now open to the public.
- It lists who the major shareholders are.
- These are the people that will cash in big time should the stock sale go well.
The S-1 paperwork for Lyft's anticipated multi-billion IPO is now open to the public and it lists who the major shareholders are. These are the executives and venture investors who will reap a huge financial windfall should the public love the stock and drive the share price up.
While we don't know exactly how much this IPO will enrich each one of the early investors until the shares are priced, Lyft has revealed how many shares these people currently own. Bankers reportedly expect the IPO to value the company between $20 billion and $25 billion, up from its last private financing round, which valued the company at $15 billion.
Here are all the people with sizeable stakes in the ride-hailing company:
Sean Aggarwal: 1.4 million shares
Logan Green co-founder and CEO
John Zimmer, co-founder and president
Hiroshi Mikitani for Rakuten
General Motors and Fidelity
Ben Horowitz for Andreessen Horowitz
David Lawee for Capital G
Jonathan Christodoro for Icahn Enterprises
Navin Chaddha Mayfield Fund
And over 100 others
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