Lyft was founded in June 2012 to reconnect people and communities through better transportation. It develops, markets and operates the Lyft car transportation mobile app.
It is the fastest growing rideshare company in the U.S and is available in more than 300 cities.
The investment of $1B in Lyft from Alphabeth, the parent company of Google, recently caused a sensation, because the company has been an important investor from Uber for many years. Now the company challenges Uber, who is in tough race to go public first with Lyft.
The company was valued at US$7.5 billion as of April 2017 and has raised a total of US$2.61 billion in funding.
David led two separate rounds of funding for Lyft, raising nearly $2 billion in new capital from investors including Carl Icahn, Alibaba, Tencent, Rakuten, Prince Alwaleed of Saudi Arabia, Janus, Fortress.
Lyft and General Motors are testing self-driving-cars. In September 2017 Left announced also a partnership with Ford Motor to develop and test autonomous vehicles.
Before joining Lyft, David served as Senior Counsel, M&A/Commercial at Electronic Arts where he handled mergers, acquisitions and other strategic transactions worldwide and commercial deals with Intel, HP, Apple and Amazon.
David Le is Managing Counsel at Lyft, the pioneering peer-to-peer ridesharing startup.
At Lyft, David oversees all corporate legal matters, including fundraising rounds, corporate governance, M&A, investor relations, executive compensation and equity & corporate structuring, while also spearheading a number of strategic transactions and commercial partnerships.
In his time at Lyft, David has led four rounds of funding, raising over $4.0 billion in new capital from investors including General Motors, Capital G (Alphabet’s its growth-focused investment fund), KKR, Icahn Enterprises, Alliance Bernstein, Alibaba, Rakuten, Janus, Fortress and Baillie Gifford while also helping launch strategic partnerships with Hertz, Jaguar Land Rover and Alphabet’s Waymo.
Before joining Lyft, David led mergers, acquisitions and other strategic transactions across the globe for Electronic Arts, the leading videogame producer, including its $1.3 billion acquisition of PopCap Games along with various cross-border acquisitions and commercial transactions.
Prior to EA, David started his career at Pillsbury Winthrop, focused on guiding emerging growth companies through formation, venture fundraising, mergers & acquisitions and initial public offerings.
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