Private Equity
Click to view a price quote on GOOGL. : Lyft's public offering could pave the way for more unicorn IPOs in the coming months, but it may also pave the way for more debates over shareholders' rights. On Thursday after the close, Lyft priced its IPO at $72 per share, according to reports, the high-end of its expected range and a figure that values the company at about $24 billion. Like other Silicon Valley unicorns before it, Lyft Inc. has set up a dual-class share system that grants its founders, Logan Green and John Zimmer, more control relative to other shareholders.

In this article