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Today, rideshare company Lyft is going public with their IPO setting the stage for the biggest IPO of the year Uber Technologies. It’s bankers have set the price around 72.00 which I believe places the valuation around 20billion. When a company goes public typically private equity and/or venture capitalist exit out with a nice profit. The money that is raised goes to reinvest in the company for growth to next level. It sometimes can be extremely difficult for the common investor to get in on IPOs, as only the best customers (those with deep pockets) can get in on at 72.00 the offering price. #lyft #lyftcode #lyftipo #johnzimmerman #logangreen #ceomillionaires #nasdaq #nyse #transportation #rideshare #ipo #portfolio #moneymanagers https://www.instagram.com/the_lindseycompany/p/Bvl6HXGldwi/?utm_source=ig_tumblr_share&igshid=3foo6laskpyv
#lyft#lyftcode#lyftipo#johnzimmerman#logangreen#ceomillionaires#nasdaq#nyse#transportation#rideshare#ipo#portfolio#moneymanagers
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lyft When you're in the #startuplife in #SiliconValley hustling to make your dreams a reality... You get around #thebay in various ways. I @lyft. Weird fact I am probably the only person you will ever meet who has never downloaded #Uber. I was on a show on the #huffingtonpost with #Lyft founder #LoganGreen and realized how amazing of guy he is and decided I'd be #Lyft. I never looked back! He's awesomeness! __ Here is a clip of a random meeting in a #LyftLine __ Everyone makes fun of me for taking #Lyft Line but it's the absolute best!! I meet people , expand my brand, have amazing conversations about life, love, startups and lyft! ___ Full video on YouTube __ This is why I lyft!! I am randomly paired with one of my instagram fans and he tells me how following my startup journey has inspired him to look at getting into tech.. ___ Amazing conversation! I'm excited about #entrepreneurship and #Technology and think everyone knows that but to hear what he said...I was almost in tears. I really appreciate you guys!!! #ThatTechGirl is #LibertyMadison #Oprah of SiliconValley #Technology for #Millennials StartupLife for the #Millennial #nerdlife #geeknation #SiliconValleylife #girl #womenintech #garyvee #vaynernation #hustler #hacker #tvhost #techtv #cisco
#lyft#libertymadison#uber#thebay#hustler#millennials#entrepreneurship#logangreen#lyftline#womenintech#cisco#huffingtonpost#startuplife#nerdlife#millennial#geeknation#girl#vaynernation#thattechgirl#siliconvalleylife#techtv#siliconvalley#tvhost#oprah#technology#garyvee#hacker
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The last moment of Logan's innocence 😥 #amreading #amreadingromance #OnetoKeep #SophieOak #LexiBlake #LoganGreen https://www.instagram.com/p/BmU2MQFB3OE/?utm_source=ig_tumblr_share&igshid=1op00ohemxam8
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#Lyft is pledging to donate $1 million to the American Civil Liberties Union (ACLU) in response to #DonaldTrump immigration ban. Lyft co-founders #JohnZimmer and #LoganGreen announced their decision to donate money to help "defend our constitution." "Banning people of a particular faith or creed, race or identity, sexuality or ethnicity, from entering the U.S. is antithetical to both Lyft's and our nation's core values," the co-founders wrote. "We stand firmly against these actions, and will not be silent on issues that threaten the values of our community." The million-dollar donation to the ACLU will be made over four years. Lyft's rival, #Uber, also announced that it will help compensate its drivers who might be stranded overseas due to the travel ban. Uber CEO Travis Kalanick said the company would provide three months of compensation to help drivers "mitigate some of the financial stress and complications with supporting their family and putting food on the table." #immigrantban
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Due to Personal Reasons Please Unfollow:
Rahmi Bashir @rahmibashir
Logan Greene @logangreene
We wish you the best, please feel free to let us know if you’d like to return!
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Logan Greene my first great new discovery at this year's Indie 500! #logangreene #indie500 #trunkspace #folk #folkpunk #punk #phoenix #arizona #concerts #concertphotography #android #galaxys9 (at The Trunk Space) https://www.instagram.com/p/BnvDBkeB2os/?utm_source=ig_tumblr_share&igshid=dmc1xkdyqt79
#logangreene#indie500#trunkspace#folk#folkpunk#punk#phoenix#arizona#concerts#concertphotography#android#galaxys9
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@lyft to Offer Free Rides to #NearWestSide @marchforourliveschi Saturday https://bit.ly/2IPBAVo On Saturday, tens of thousands of young people from across the city and suburbs are expected to converge on #UnionPark for #Chicago’s @marchforourlives, one of many being staged around the country. Many of those young people will get free transportation to that Near West Side event through a monumental move by #Lyft to provide $1.5 million in rides to marches in 50 cities. In a wave of nationwide support for the #NeverAgain movement spawned by survivors of the Valentine’s Day shooting that left 17 people dead at #MarjoryStonemanDouglas High School in #Parkland, Fla., Lyft co-founders #JohnZimmer and #LoganGreen joined companies making corporate statements through actions to help the youth. In #Washington, D.C. on Friday, for instance, a contingency from Chicago’s #AfterSchoolMatters joined an influx of youth from across the country at @shakeshack at D.C.’s #UnionStation, which provided free poster-making supplies — and burgers. “We believe there is something seriously wrong when the threat of gun violence is so frequent and real throughout our country. And like many, we are inspired by your leadership,” the Lyft co-founders wrote in a letter to student organizers of 838 events happening globally Saturday ..... https://ift.tt/2DRL3YK
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@smartcityfeed: RT @guidaautonoma: #Autonomous Person of the Week: @logangreen co-founder and CEO of #Lyft #driverless #selfdriving #smartcity… https://t.co/xARBnyERtY
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Aaaaahhhhhhh..... yallll.... this is what good service and good people do!! I have a 5 star rating this weekend!! Usually I'm at like 4.8 or 4.9 but seriously 5.0 is a Hard rating to get if you dont work every day. I could like cry!! @johnzimmer @logangreen
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Travel Industry Reaction to Trump Travel Ban Is More Muted This Time
Travel industry stakeholders responded with muted criticism of President Trump's new travel ban. Security personnel stand guard outside Fort Lauderdale–Hollywood International Airport, Friday, January 6, 2017. Wilfredo Lee / Associated Press
Skift Take: Travel industry companies and groups need to admit that Trump's travel ban, even in its toned down form, presents a serious threat to their continued growth and the overall health of the U.S. economy.
— Andrew Sheivachman
President Donald Trump signed a new version of his travel ban executive order on Monday, removing several of the onerous limitations that were affecting U.S. permanent residents and travelers who already have visas to enter the country.
The core of the travel ban, which limits the entry of travelers from six majority-Muslim countries, remains in place. A seventh country, Iraq, which was part of the previous order, isn’t banned in the new one.
The ban is likely to face serious legal challenges, much like its predecessor. At least one lawsuit, contending that the ban directly targets Muslims, has already been filed in opposition.
The travel industry has been more hesitant to respond forcefully to this executive order than it was in the aftermath of the previous order.
“The American travel community supports efforts to bolster national security, and the Trump administration deserves some credit for the substantially more cautious and deliberate introduction of the revised executive order,” said U.S. Travel Association president and CEO Roger Dow. “Cabinet officials were on the right track with public statements welcoming lawful visa holders into the U.S. Unfortunately, it doesn’t appear that the administration fully seized the opportunity to differentiate between the potential security risks targeted by the order and the legitimate business and leisure visitors from overseas who support 15.1 million American jobs.
“Clearly this revised order is very encouraging news if you’re looking to come to the U.S. from Iraq. The question remains whether the revised order did enough to mollify the prospective traveler from Canada, Europe, or elsewhere around the world who may have been put off by the initial travel ban. If undecided voters need to hear certain things to be motivated to get out and vote, then the same is true for undecided travelers.”
Business Travel
The Global Business Travel Administration (GBTA) also released a lukewarm statement.
“This travel ban is an improvement over the January 27th version, as it is narrower in scope and provides greater clarity about those travelers who would not be subject to the ban,” said Michael W. McCormick, GBTA executive director and chief operating officer. “The specific exemption for legal permanent residents, dual nationals and current visa holders will help mitigate confusion for the international traveling public.
“Any increased restrictions on passenger travel must be based in safety and security to ensure that the ability to travel is not impeded unnecessarily. It will remain a focus of the business travel industry to hold disruptions to a minimum, and we will continue to monitor the implementation of this ban closely.”
The Association of Corporate Travel Executives (ACTE) sounded a note of skepticism on the refinements present the new travel ban.
“ACTE was seriously concerned that the dignity of business travelers was being compromised by the first travel ban, which also undercut the value of a U.S. visa as a travel document,” said Greeley Koch, executive director of ACTE. “The new travel ban, issued today, has a ten-day implementation period and is not supposed to affect anyone holding a visa valid on January 27, 2017, nor legal resident green-card holders. We’ll see how this one is implemented.”
Hotels
The American Hotel & Lodging Association (AHLA) was similarly supportive of the new order.
“We appreciate the Administration’s effort and thoughtfulness in releasing the new travel Executive Order, which is important in preventing disruption to inbound travel,” said Katherine Lugar, president and CEO of AHLA. “As the Administration conducts its review of existing visa policies, we encourage key agencies and Congress to address national security concerns while also promoting legitimate travel to the U.S. This balanced approach remains of utmost importance to our guests, employees and the nation at large.”
Online Travel
TripAdvisor used the new ban to reiterate its support for refugees around the world.
“TripAdvisor will continue to provide meaningful support to refugees fleeing their homes and seeking a better life,” said TripAdvisor senior director of corporate communications Brian Hoyt. “We believe the government should be doing more, not less, to help the millions in need in this time of humanitarian suffering. TripAdvisor will continue to work with third party groups, including the IRC (International Red Cross) and Mercy Corps, focused on resettling the millions of refugees from Syria and around the world. Further, as the world’s largest travel company, we strongly support individuals’ rights and abilities to travel internationally for business or leisure.”
Sharing Economy
Airbnb co-founder and CEO Brian Chesky chimed in on Twitter with opposition to the executive order.
Barring people from entering our country because of where they’re from was wrong the first time around – still wrong…
— Brian Chesky (@bchesky) March 6, 2017
Uber also made an announcement that it still opposes the ban.
“Our sentiment has not changed: President Trump’s immigration ban is unjust and wrong,” wrote Uber in a statement.
In a contrast to many other companies, Lyft co-founder Logan Green declared the ridesharing service’s strong opposition to the new ban wile announcing a meeting later this week with the American Civil Liberties Union (ACLU).
1/Lyft stands firmly against the latest executive order on immigration.
— logangreen (@logangreen) March 6, 2017
2/We will continue to speak out and take action when the values of our community are put at risk.
— logangreen (@logangreen) March 6, 2017
3/@JohnZimmer and I are meeting with @ACLU on Wednesday to discuss further support of their efforts.
— logangreen (@logangreen) March 6, 2017
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#Repost from @fastcompany: @Lyft CEO Logan Green: "We’re like that line I saw on an episode of Silicon Valley. ‘I don’t want to live in a world where someone else makes the world a better place than we do.’ " [Photo: @ian_allen] #FastCompany #Lyft #Entrepreneur #SiliconValley #Education #1PreU #Quote #LoganGreen #CEO
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Dean Bendis Leather Jacket” worn by Logan Green television series “Dark Blue” Dean Bendis Leather Jacket for Sale in Cheap Price. Visit : http://www.arcfashions.com/products/Dean-Bendis-Dark-Blue-Leather-Jacket.html
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Please welcome the following students to BrightwoodHQ:
Guardian Rahmi Bashir @rahmibashir
Guarded Logan Greene @logangreene
Guardian Thomas Moore @thomasmoorebhq
#brightwood.follow#appless rp#appless rpg#supernatural rp#soulmate rp#soulmates rp#college rp#college rpg#smut rp#kink rp#active rpg#new rp
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@guidaautonoma: #Autonomous Person of the Week: @logangreen co-founder and CEO of #Lyft #driverless #selfdriving #smartcity… https://t.co/xARBnyERtY
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Travel Booking Site CEOs Condemn Trump’s Travel Ban for Muslim-Majority Countries
Demonstrators sit down in the concourse and hold a sign that reads "We are America," as more than 1,000 people gathered at Seattle-Tacoma International Airport to protest President Donald Trump's order that restricts immigration to the U.S., Saturday, January 28, 2017. Genna Martin / seattlepi.com via AP
Skift Take: What TripAdvisor CEO Kaufer tweeted about Republican Congress members holds true for the travel industry, as well: This is not the time to be silent about an issue that cuts to the core of travel and democracy in the U.S.
— Dennis Schaal
The CEOs of Expedia Inc., Airbnb, TripAdvisor, Lyft and Uber condemned the Trump administration’s executive order to temporarily ban immigrants, refugees, and even green card-holders from seven majority-Muslim countries, while elsewhere within the U.S. travel industry there was a more tepid response or even silence.
U.S. federal judges, in the interim, have stayed several parts of the executive order, including blocking deportations of travelers from the seven countries who have already entered the U.S. at airports or other entry points.
The executive order is controversial on several grounds, including the fact that some consider it a Muslim ban, although supporters of the move deny it.
Expedia Inc. CEO Dara Khosrowshahi, who is an immigrant from Iran, argued that President Trump hastily wiped out the country’s roots as “a nation of immigrants” with “the stroke of a pen.”
Khosrowshahi issued the following statement: “The President’s order represents the worst of his proclivity toward rash action versus thoughtfulness. Ours is a nation of immigrants. These are our roots, this is our soul. All erased with the stroke of a pen.
“As Expedia Inc we will do everything we can to protect and help our employees and travelers. That’s our job. Hopefully our government can do its job, thoughtfully, and with just a bit of respect for our immigrant past.”
Unlike the CEOs of TripAdvisor and Airbnb, both of whom opposed the executive order on Twitter, Khosrowshahi didn’t tweet his statement.
On Inauguration Day, January 20, however, Expedia ran a TV advertisement three times on CNN with veiled opposition to the Trump administration’s planned Mexico-U.S. border wall, and Khosrowshahi tweeted about the ad.
Peek over your neighbor’s fence to see the other side. The difference is YOU. http://bit.ly/2jShYnT #LifeatExpedia #TraveltheWorldBetter
— dara khosrowshahi (@dkhos) January 20, 2017
“Peek over your neighbor’s fence to see the other side,” he tweeted. “The difference is YOU. youtu.be/N-DtNm3zK_o #LifeatExpedia #TraveltheWorldBetter”
Airbnb co-founder and CEO Brian Chesky tweeted three times about the issue and even offered to provide “free housing to refugees and anyone not allowed in the U.S.”
“Airbnb is providing free housing to refugees and anyone not allow in the U.S,,” Chesky tweeted. “Stay tuned for more, contact me if urgent need for housing.”
Airbnb is providing free housing to refugees and anyone not allowed in the US. Stayed tuned for more, contact me if urgent need for housing
— Brian Chesky (@bchesky) January 29, 2017
“Not allowing countries or refugees into America is not right, and we just stand with those who are affected,” the Airbnb CEO tweeted.
Not allowing countries or refugees into America is not right, and we must stand with those who are affected.
— Brian Chesky (@bchesky) January 29, 2017
“Open doors brings all of US together,” Chesky tweeted. “Closing doors further divides US. Let’s all find ways to connect people, not separate them.”
Open doors brings all of US together. Closing doors further divides US. Let's all find ways to connect people, not separate them.
— Brian Chesky (@bchesky) January 28, 2017
TripAdvisor co-founder and CEO Stephen Kaufer wrote a LinkedIn post condemning Trump’s executive order as “cruel and discriminatory.” He noted that the company committed $5 million over the next three year to dealing with the global refugee crisis.
Kaufer also tweeted that Trump’s executive order was “wrong” and won’t improve U.S. security.
“We need to do more, not less to help refugees,” Kaufer tweeted. “Trump’s action was wrong on humanitarian grounds, legal grounds, and won’t make us ‘safer.'”
We need to do more, not less, to help refugees. Trumps action was wrong on humanitarian grounds, legal grounds, and won't make us "safer."
— stephen kaufer (@kaufer) January 29, 2017
Kaufer said Republican elected representatives have to take a stand.
“If you consider yourself a leader: pls share your opinion. Republican senators/congressmen … can you hear me? You can’t sit this one out.”
If you consider yourself a leader: pls share your opinion. Republican senators/congressmen… can you hear me? You can't sit this one out.
— stephen kaufer (@kaufer) January 29, 2017
Uber CEO Travis Kalanick on Facebook cited “President Trump’s unjust immigration and travel ban” in pledging to compensate affected drivers for lost earnings and added that the on-demand car service would provide legal support “for drivers who are trying to get back into the country.”
Kalanick, who’s a member of a Trump advisory council, only posted his condemnation of Trump’s executive order, however, after a #deleteUber campaign on Facebook, according to The Verge.
“Kalanick’s pledges follow a blistering response from people on Twitter and elsewhere to his original statement on Trump’s immigration ban, as well as Uber’s decision to continue serving JFK Airport during a reported taxi strike,” The Verge reported.
Kalanick wrote on Facebook Sunday: “Standing up for the driver community:
“Here’s the email I’m sending to drivers affected by President Trump’s unjust immigration and travel ban:
“At Uber we’ve always believed in standing up for what’s right. Today we need your help supporting drivers who may be impacted by the President’s unjust immigration ban.
“Drivers who are citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria or Yemen and live in the US but have left the country, will not be able to return for 90 days. This means they won’t be able to earn money and support their families during this period. So it’s important that as a community that we do everything we can to help these drivers. Here’s what Uber will do: – Provide 24/7 legal support for drivers who are trying to get back into the country. Our lawyers and immigration experts will be on call 24/7 to help. – Compensate drivers for their lost earnings. This will help them support their families and put food on the table while they are banned from the US; – Urge the government to reinstate the right of U.S. residents to travel – whatever their country of origin – immediately; – Create a $3 million legal defense fund to help drivers with immigration and translation services.
“If you are a driver or a friend or family member of someone who has been affected, please contact us at: http://bit.ly/2kDBsML.
“Uber is a community. We’re here to support each other. Please help Uber to help drivers who may be affected by this wrong and unjust immigration ban.”
Lyft co-founder and CEO Logan Green tweeted that “Trump’s immigration ban is antithetical to both Lyft’s and our nation’s core values,” and pledged that the company would donated $1 million over the next four years to the American Civil Liberties Union, which has been defending travelers detained at U.S. airports, “to defend our Constitution.”
3/ We are donating $1,000,000 over the next four years to the ACLU to defend our constitution. http://bit.ly/2khDQex
— logangreen (@logangreen) January 29, 2017
A Lyft blog post on the topic is here.
Lola co-founder and CEO Paul English tweeted about the potential problem the executive order might create for an employee.
“One of our @lolatravel employees just wrote me, concerned that he might not be able to re-enter the the U.S. if he goes home to visit family:(
One of our @lolatravel employees just wrote me, concerned that he might not be able to re-enter the US if he goes home to visit family. :(
— Paul English (@englishpaulm) January 29, 2017
San Francisco International Airport issued a statement requesting a Customs and Border Protection briefing on the executive order and praised “members of the public who have so bravely taken a stand against this action by speaking publicly in our facilities.”
San Francisco International Airport stated: “We appreciate all those who have so passionately expressed their concerns over the President’s Executive Order relating to immigration. We share these concerns deeply, as our highest obligation is to the millions of people from around the world whom we serve. Although Customs and Border Protection services are strictly federal and operate outside the jurisdiction of all U.S. airports, including SFO, we have requested a full briefing from this agency to ensure our customers remain the top priority.
“We are also making supplies available to travelers affected by this Executive Order, as well as to the members of the public who have so bravely taken a stand against this action by speaking publicly in our facilities.”
Asked about the executive order, a spokesperson for Airlines for America, the airline trade group, said: “Airlines are in contact with DHS (Department of Homeland Security) and CBP officials and are complying with the executive order. Any further questions regarding details/enforcement are best directed to CBP/DHS.”
Roger Dow, the CEO of the U.S. Travel Association, which has been adamantly opposed to Delta, American and United airlines trying to curb inroads by Gulf carriers by overturning Open Skies agreements, did not condemn the Trump administration executive order on immigrants and refugees.
Instead, Dow said the U.S. Travel Association is “ready to support the administration and Congress” to “find the right balance between security and facilitation.”
Dow stated: “People all over the world want to visit the U.S., and the U.S. travel and tourism community strongly supports efforts to ensure that visitors to this country are unimpeachably legitimate. In doing so, it is imperative we find the right balance between security and facilitation, and we stand ready to support the administration and Congress to achieve this goal.
“We recognize the new administration’s desire to review visa issuance protocols with respect to countries that have a heightened risk of terrorist activity or weak law enforcement cooperation with our government. We urge the administration to conduct this review quickly, and trust that it will yield an even more secure travel security system that protects international travelers and welcomes them into our country to conduct business and to enjoy our cities, attractions, national parks and landmarks.”
The Global Business Travel Association, meanwhile, as is its custom, didn’t weigh in on the issue despite the fact that the temporary ban impacts corporations and their employees, as well as airlines and hotels. The GBTA twitter feed stuck with promotional tweets.
Over 70% of attendees to last year’s Convention rated the event as “Very Good” or higher. Don't miss out this year: http://bit.ly/2kDFt43 http://pic.twitter.com/FY7tMJQIgT
— GBTA (@GlobalBTA) January 29, 2017
Don’t miss History-Making Astronaut Julie Payette at #GBTAToronto17. Register by 1/31 to save up to $500 http://bit.ly/2kDz9JP http://pic.twitter.com/ffCK2Flbjs
— GBTA (@GlobalBTA) January 29, 2017
Skift co-founder and editor-in-chief Jason Clampet issued a statement in Skift’s Saturday weekend review newsletter that can be read here.
Skift also highlighted a story we wrote back in October that puts travel into a geopolitical context.
Asked for comment on Trump’s immigration and refugee ban, a spokesperson for the Priceline Group declined to comment.
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