https:\/\/techcrunch.com\/2023\/04\/24\/honey-i-shrunk-the-revenue-multiple\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"Source:https:\/\/techcrunch.com\/2023\/04\/24\/honey-i-shrunk-the-revenue-multiple\/ Honey, I shrunk the revenue multiple 2023-04-24 21:58:00 With new leadership and a soon-to-be-thinned employee base, Lyft is going to look a heck of a lot different at the end of 2023 than it did at the start. After its co-founders said they\u2019d relinquish their roles as CEO and president in March, the company […]<\/p>\n","protected":false},"author":1,"featured_media":29921,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-29920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\n
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\n\t\t<\/div>\n<\/p><\/div>\n![\"\"](\"https:\/\/i0.wp.com\/techcrunch.com\/wp-content\/uploads\/2021\/10\/exchange-banner-sq-grn-plus.jpg?resize=300%2C300&ssl=1\")
<\/a>Lyft is only the latest to join the group of public-market duds that have spent time as venture darlings. To pick only two examples: Allbirds has given up most of its historical value, and Warby Parker has shed around 80% of its peak valuation. The list is long and some of the most beat-up recent venture-backed IPOs share a quality today: Impressively low revenue multiples.<\/p>\n