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News, Analysis & Perspective on Autonomous Vehicles

Lyft investors are banking on self-driving cars, not ride-sharing

Lyft became the first ride-hailing app to go public on Friday, skyrocketing to a $23.4 billion valuation. But don’t get too excited for drivers. Investments in Uber and Lyft are basically big bets on future products like autonomous vehicles, not the people behind the wheel.

https://mashable.com/article/lyft-ipo-self-driving-cars-investors/#QUaVOU.0gEqX

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