Lyft’s co-founders Logan Green and John Zimmer — two entrepreneurs with environmental-leaning and transportation-planning(ish) backgrounds — finally “made it” in the Silicon Valley sense. On Friday, the ride-hailing company filed an S-1, indicating that it plans to go public soon. This particular document is often times the first glimpse at a private company’s financials and overall plans, and Lyft’s S-1 doesn’t disappoint. The main thing that the S-1 reveals to me is the yawning gap between the founders’ vision of Lyft as a sustainable transportation company and the reality that Lyft faces in operating a ride-hailing company that relies on individual gas-powered vehicles in an ultra-competitive market. Lyft’s founders write: “It’s time to redesign our cities around people, not cars.”
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As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
A NORTH-EAST recycling firm is demonstrating the benefits of Teesside’s circular economy as it expands its composting operation – using recycled……
TRAINED greengrocers will also advise customers on how best to preserve fresh produce as part of the trial at the Tolworth store in South West London. The chain also pledged to replace plastic produce bags with paper ones, and phase out plastic barcode stickers at all its shops.