Lyft's IPO disclosure shows it's not close to profitability and has no good way to get there
Uli Schöberl

Investing mavens who think of the big ride-sharing companies Uber and Lyft as the next big opportunities to get in on the ground floor of a fabulously profitable stock must have been downcast by Lyft's financial report in advance of its pending initial public offering. At least one would hope so.