Uber and Lyft reward their drivers with cash or shares before their IPO
Taxi services Uber and Lyft on the eve of the IPO will offer to participate in it to their most loyal and active drivers. Both startups, which are expected to be listed this year, will provide drivers with money that can be spent on buying shares, writes The Wall Street Journal. Details Lyft intends to give its drivers $1,000 each if they make 10,000 trips and $10,000 (or the equivalent in shares) for 20,000 trips, WSJ writes, citing its sources.