Tag Archives: Ride-Sharing

Saudi Prince Alwaleed Invests Millions in Lyft

Saudi Prince Alwaleed
image: Lyft press kit

It took me some time to get why so many people like using Uber.

While I rarely take taxis, I’ve used Uber a bit from time to time. Using Uber has been convenient and the best part is the fact that there is no exchange of money at the end of the ride. I still find a big negative to be not knowing the cost of your ride until it is over and the car pulls away.

The last I read, Uber had a value in the $50-70 billion range. That definitely sounds insane.

What about other companies similar to Uber like Lyft? Continue reading Saudi Prince Alwaleed Invests Millions in Lyft