Apr 11, 2018
Activist Investor looking at Uber and Lyft. hard-charging Wall Street legend — who has shelled out more than $2 billion to build a US auto-parts empire that includes Pep Boys, Auto Plus and the Aamco chain of car-repair shops — has hatched a plan to help Uber and Lyft grow their taxi fleets. It’s not the traditional way you would think, it’s buying fairly new cars with bad transmissions then repairing the transmission through his shops and reselling them to the firms. Which will reportedly increase the value of both the ride sharing future IPOs which are currently privately held ventures.#uber #lyft #ride #rideshare #venturecapital #automotive #autozone #aamco #transmission #carlichan #venturecapitalist #privateequity