New York (CNN Business) Lyft, Uber, Pinterest, Slack and Airbnb are headed for the IPO market this year. That's according to Alan Patricof, the venture capitalist and early big tech investor. He said the initial stock price of those companies will be driven by excitement and will take a while to settle. Lyft is set to begin trading on the Nasdaq as soon as next week. The ride-sharing company set a price range that will value it at about $20 billion.
Source: CNN March 20, 2019 19:41 UTC