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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.

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