With the Economy Uncertain, Tech 'Unicorns' Rush Toward I.P.O.
With the Economy Uncertain, Tech 'Unicorns' Rush Toward I.P.O.
SAN FRANCISCO - For years, Uber and Lyft put off going public. Now, they are speeding up. Faced with a volatile stock market and the prospect of an economic downturn next year, the ride-hailing services have moved more urgently toward an initial public offering, said four people with knowledge of the companies' plans, who were not authorized to speak publicly.