I’ve received a proposition for you. Would you prefer to put money into my tech agency?
It is by no means made a revenue – oh, and there’s the small matter of the $911m (£700m) it misplaced in 2018.
Properly, that sums up the fortunes of ride-share agency Lyft, a rival to Uber that is not but within the UK.
And but inside minutes of its launch on the New York Inventory Alternate (as Tech Tent went on-air) it had soared to a valuation of $30bn.
Annabelle Timsit, from the information web site QZ, instructed me on the newest programme that traders “wish to consider” that after a few years of funding Lyft will begin to flip a revenue – and early indications advised that she was proper as we watched the share value shoot up.
We additionally checked out Apple’s massive bulletins earlier this week – not a gadget in sight however quite a lot of new or enhanced providers, together with a bank card with some fairly aggressive choices.
Are folks sick of paying subscriptions, and why has Apple rushed out its TV streaming announcement with out the main points rather than how a lot it’s going to price?
Lastly, from grandparents discovering Facetime to new mums discovering new associates, we ended the programme on a optimistic be aware – tech that is genuinely served an excellent function.
The BBC’s Jane Wakefield highlighted the mapping start-up what3words which enabled the rescue of a mom and daughter in a automobile crash in a rural a part of the UK.
Annabelle Timsit nominated a wearable gadget from the College of Switzerland that can assist docs monitor youngsters with well being circumstances who reside in distant areas.
As for me… I am off to work on my funding proposition.
Rory Cellan-Jones returns subsequent week.