Isn T: Lyft and Juiced Valuations

isn t: Not the clouds the cloud, according to Market Watch. The price, and the trade, only hold up if you see San Francisco-based Lyft LYFT, 8.74% as an heir to cloud computing companies like Salesforce CRM, 2.06% Rackspace, and of course Amazon AMZN, 0.41% Even giants best known for other businesses, like Alphabet GOOG, 0.41%GOOGL, 0.39% and Microsoft MSFT, 0.86% have juiced valuations by getting in on a cloud-computing trend investors are willing to pay up for. Someone has their head in the cloud. The purpose here isn't to dispute whether they should. First, let's run some numbers. But if you're considering chasing Lyft at the post-first-day-pop price, likely to produce a valuation as high as 30 billion, you should consider whether Lyft really is in a category like that. (news.financializer.com). As reported in the news.