Yahoo Finance Drops Interview With Cardano's Founder in Lieu of Lyft IPO Coverage
Charles Hoskinson, the creator of both Cardano (ADA) and an Ethereum co-founder, has recently seen his interview with Yahoo Finance get dropped over the initial public offering (IPO) of internet unicorn Lyft.The transportation company was valued at roughly $20.5 billion in its IPO, as its shares were offered at $72, instead of at $62 to $68 as it was originally planned. Despite the rise in the offering, investors still kept on buying and brought Lyft (ticker: LYFT) shares to an $88 high before they started correcting.Hoskinson, who was going to be interview by Yahoo Finance as part of broader tour on New York City, documented his experience on social media, revealed initially through a tweet he was about to go on the interview.
Since Lyft’s shares started soaring, however, Yahoo Finance decided to drop his interview to keep on covering the IPO as it was the day’s hot topic. After revealing he was dropped Cardano’s founder tried to support him by claiming the cryptocurrency is superior to Lyft’s offering.
Hoskinson revealed he had a bad experience with Yahoo Finance, as he claims the popular publication, as he claims the producers “didn’t seem to care and didn’t apologize for wasting our time.”