I’m excited to announce that on April 17th, I will transition to Chair of the @lyft Board and @davidrisherWR will become Lyft’s next CEO. Building Lyft with @johnzimmer has been the adventure of a lifetime. After 16 years, I’m ready for a new chapter. Thank you to everyone who’s helped get us here! Today I sent this letter to the Lyft team: Team, I’m excited to announce that on April 17th, I will transition to Chair of the Lyft Board, John will transition to a non-executive role, continuing as Vice Chair, and David Risher will become Lyft’s next CEO. After seeing David’s leadership as a member of our board, I am confident that he brings the right energy, ambition, and experience to lead Lyft through our next chapter, and I look forward to you meeting him soon. Building this company with you has been one of the most fulfilling experiences of my life. I was 23 years old when I moved to the Bay Area and, from a 125 sq. ft. office space in Palo Alto, started working on what would eventually become Lyft. I’ve spent every moment since — both awake and asleep — completely consumed with building Lyft into something that matters. This role deserves and demands that single-mindedness. Sixteen years later, I am ready for a new adventure — one that gives me more time to spend with my four young children, my incredible wife, my friends and family who I’ve missed spending time with over the past decades, and more time to explore new ways I can contribute to protecting our planet. As a team, we’ve traveled a lot of miles, and I’m proud of what we’ve accomplished together. I remember my very first Lyft. It was the night we launched, and all of us were in the office late to make sure things were running smoothly. My wife, Eva, and I didn’t have anywhere we needed to go, but opened the app and requested a ride. Raymundo picked us up in his white VW Golf. I got in the passenger seat, gave Raymundo a fist bump, and off we went. It felt like magic! This was going to change how people live; it was going to change the very fabric of our cities. It was unthinkable before 2012 that strangers might tap a button and pay to ride in each other’s cars. Something most people don’t know is that our competitor did everything in its power to lobby regulators to shut down the peer-to-peer category and ensure that only expensive black cars were allowed. Because of our team’s tenacity and tireless policy work, along with support from thousands of drivers, the Lyft model of ridesharing became the basis for the entire industry. It is because of that model that over 1 million drivers last year were able to collectively earn billions of dollars on the Lyft platform. Lyft’s power to reshape how people interact with their cities and with each other is one of the most exhilarating aspects of building this company. No product was more exciting to build than Shared Rides. After spending more than a year developing the product, I’ll never forget the moment when I was walking out of a restaurant and saw two people (who didn’t know each other) both entering the same Lyft, slightly confused as to why someone else was sharing their car. They realized that they had been matched together in the same shared ride — and off they went. Today, one in three people across the country has taken a Lyft. Cities have come to life as millions of people get off the couch to go do things they never would have done and see people they never would have seen. Tens of thousands of lives have been saved with fewer drunk drivers on the road. And millions of people have saved thousands of dollars by getting rid of a car or living car-free. (1/2)