/Lyft Leading Wave of Startups Debuting With Giant Losses

Lyft Leading Wave of Startups Debuting With Giant Losses

Ride-hailing company Lyft Inc. is leading a parade of Silicon Valley companies to Wall Street that display an unusual quality: lots of red ink.

With its initial public offering expected this week, Lyft will serve as one of the biggest tests of the public market’s appetite for money-losing companies since the dot-com era.

Lyft last year posted…