the san francisco-based startup created proprietary l.e.d technology to kill nearly 100% of germs and harmful bacteria and viruses. >>> part of what we are trying to solve is that people can't clean the water bottle. we find that a lot of people end up reaching for a plastic water bottle. >>> justin wong says he came up with the idea after feeling guilty about grabbing that plastic water bottle one too many times. he first launched a wildly successful kick starter campaign, raising almost $2 million for lark. >> the cell aivwhen you're on the go in your searching for water bottles. they're not clean. there smelly or you get purify water on the go. >>> even when the water quality is good, as is the case with tapwater in san francisco, lark says many germs and extent from the bottle itself. >> give it a shot. i think bottles always get really disgusting on the inside. >> disinfection is a very effective and safe way to disinfect water. >> engineering professor specializes in safe drinking water. >>> it is a new technology and to have it reach commercial prices, the prices have come down

uber is expected to be one of several startups to also go public this year. (pam) and san francisco- basedap and old navy ... are separating from one another. the two are splitting into two publicly - traded companies. gap inc. said, one of the companies will contain old navy. the other yet-to-be- named business will comprise of gap, banana republic and other brands, including athleta. old navy has thrived in recent years... sales grew 3- percent in 2018. meanwhile, the gap has struggled --- its sales fell 5- percent last year. some democrats say every american should have free health care. vermont independent senator bernie sanders has already sponsored legislation in the senate that would grant that. the "medicare for all act of 2019" has some momementum in the house with its democratic majority . but as our washington correspondent morgan wright reports ... oppenents call the bill - socialist nonsense. . everybody in, nobody out democrats this week unveiled their latest effort to revamp america's healthcare system. congresswoman pramila jayapal of washington says her medicare for all bi

strike the first and the weight of billion-dollar startups has hit the market. san francisco-based lyft is now the new york stock exchange. the shares opened this morning at $87 that is up 21% remits offering price of 72 bucks. melissa kane shows us the stop closed its first day of trading up more than 8%. >> reporter: the securities exchange commission said they have a history of net losses and we may not be able to achieve or maintain profitability in the future. and, we encourage net losses of 680 to make and 911.3 million in 2016, 2017 and 2018, respectively. >> yes, they are losing money but they are trying to construct a $1 trillion market. >> reporter: alejandro ortiz is an analyst for share post research they trade shares of companies like lyft before the go cup public. he said lyft is growing at an alarming rate. >> that just doesn't happen. >> reporter: in sure is the editor at large it cnet and say bump because it's the first writes your company to go public. >> a lot of what lyft represents here is not just a tech stock. it's actually the first opportunity anyone has in

. >>> san francisco-based lyft has become the first ride-sharing startup to go public. yesterday the celebration continued through the end of the closing bell. lyft had a good first day on the stock market starting at $72 per share and ending the trading day just above $78 a share. experts say lyft is just the start of the tech ipo tidal wave with major companies like uber, airbnb and pinterest to follow suit. abc zen is committed to building a better bay area. next week we'll look at how ride-share companies changed the landscape. we'll focus on traffic, safety and the drivers themselves. even many of those behind the wheel behind themselves struggling to make a living. >> they take more than 50%, more than 50%. >> ride-share realities starts tomorrow night and continues all next week as we examine the issues and challenges the industry faces here in the bay area. >>> the time now is 5:09 on this saturday morning. lisa has been keeping an eye on the forecast for us. you're looking at sunshine. >> we have a nice weekend ahead, in fact sunny and warmer temperatures throu

. >>> san francisco-based lyft has become the first ride-sharing startup to go public. yesterad good first day on the stock market starting at $72 per share and ending the trading day just above $78 a share. experts say lyft is just the start of the tech ipo tidal wave with major companies like uber, airbnb and pinterest to follow suit. abc 7 is committed to building a better bay area. next week we'll look at how ride-share companies changed the landscape. we'll focus on traffic, safety and the drivers themselves. even with yesterday's lyft ipo, many of those who are behind the wheel find themselves struggling to make a living. >> they take more than 50%, more than 50%. >> ride-share realities starts tomorrow night and continues all next week as we examine the issues and challenges the industry faces here in the bay area. >>> lisa, certainly a lot to talk about on that topic. for our weather, a nice break from the rain. >> yeah, that's right. temperatures will be above average. what is that? a great last weekend of march. you see a little fog from our east bay hills cam

. >>> san francisco-based lyft has become the first ride-sharing startup to go public. yesterday the celebration continued through the end of the closing bell. lyft had a good first day on the stock market starting at $72 per share and ending the trading day just above $78 a share. experts say lyft is just the start of the tech ipo tidal wave with major companies like uber, airbnb and pinterest to follow suit. abc 7 is committed to building a better bay area. next week we'll look at how ride-share companies changed the landscape. we'll focus on traffic, safety and the drivers themselves. even with yesterday's lyft ipo, many of those who are behind the wheel find themselves struggling to make a living. >> they take more than 50%, more than 50%. >> ride-share realities starts tomorrow night and continues all next week as we examine the issues and challenges the industry faces here in the bay area. sdwrnch sdwrnchts. >>> the time now is 6:08. if you're a fan of the sunshine, lisa will have a forecast that you love. >> for tomorrow steadily warming temperatures to above ave

startup investing. also, matt harris, managing director of bain capital. he focuses on investment in financial technology and services. i am normally based in san franciscom totally unbiased. will new york ever become the next silicon valley? michael: i don't think we want to become the next silicon valley. i think we will have our own vibe and our own charisma and personality. it is nice to have another silicon valley, because last i looked, silicon valley has been doing pretty well. emily: all of this said i said , multibillion dollar exits. but we have not seen a $10 billion tech company in new york yet. will we? matt: certainly dozens. i don't know if you consider wework. emily: i cannot think of another one. it is technically a multibillion dollar company. matt: it falls off pretty quickly after wework. it is notable because it is a commercial real estate company. that is what you see here in new york, industries that matter. not just technology, but industries that matter with a fresh technology approach. i think that is what new york does well. michael: as opposed to san francisco where the industries don't matter, right? emily: [laughter] how big