Lyft has gained the attention of a major new investor: Carl Icahn, who's put $100 million into the ride-hailing startup. Icahn's involvement in a company's affairs is often something that executives are wary of — he's infamous for his role as an activist investor, interested in making big changes at companies for his own profit — but that doesn't seem to be the case here. In fact, he makes the situation sound pretty straightforward to The Wall Street Journal. "If you look at the way the market evaluates Uber and then look at the valuation of Lyft, Lyft is a tremendous bargain," Icahn says. "There is room for two." Lyft is currently valued at $2.5 billion, while Uber could soon hit $50 billion.
Carl Icahn invests $100 million in Lyft
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