Nobody wants Lyft
Perhaps all these potential investors have noted that high tech trend which is that only one enterprise succeeds in each area, e.g. Google for search, Facebook for social media, etc. and that they think that Lyft won't be the one for paid car rides.
Re: Nobody wants Lyft
Plus, if they've got a billion in the bank, they're presumably asking for a least a billion to buy them out, which is quite a lot for an app nobody uses even if it comes with the cash. The likes of Google or Facebook could slap an equivalent app together in-house with minimal effort.
Lyft was the good one right?
I was thinking of trying this out when I heard they gave a crap about their drivers and such. That was them right?