It's ridden a wave of user growth as some customers switched to the platform following a series of scandals at rival Uber. Uber had raised over a billion dollars in two separate fundraising rounds, giving it 10 times the capital Lyft had. Adding to the tumult, a key Lyft executive quit to join Uber, leading to litigation that was later settled. "I was in a funk for several months," Lyft co-founder John Zimmer told CNN's Laurie Segall in a recent interview, speaking of that year. Lyft co-founder and president John Zimmer with CNN's Laurie SegallAt the time, Zimmer leaned on his wife and on Lyft co-founder and CEO Logan Green for support.

Source: CNN December 11, 2018 05:03 UTC