How Much Alphabet Could Net From Uber and Lyft IPOs

Recent reports say Uber is hiring multiple investment banks to underwrite its IPO. Keep in mind that while Lyft will more than likely beat Uber to the public markets, the valuations won’t even be close. Estimates suggest that Lyft will garner a valuation between $20 billion and $25 billion when it files for its IPO, while Uber will likely be in excess of $100 billion and perhaps push up toward $120 billion. Do investors realize that would almost make Uber more valuable than Tesla (TSLA) , General Motors (GM) and Ford…