Re/code Daily - Lyft Wants Another Billion to Try to Fight Off Uber

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•	Lyft reportedly wants to raise another billion dollars, a round that would set the company's value at about $4.5 billion. The company is said to be losing a ton of money as the $63 billion Uber behemoth runs away with the ride-hailing market. Lyft's planned round includes a "ratchet," an investor protection that kicks in if Lyft goes public at a lower valuation. [Eric Newcomer \| Bloomberg Business]
•	Theranos is doing a big PR push two months after the Wall Street Journal revealed serious issues with the company's blood-testing tech. CEO Elizabeth Holmes gave two major interviews this month, to Bloomberg Businessweek and, this past weekend, the New York Times. The latter article, quoting former employees critical of Holmes, doesn't make Theranos look very good. Neither does Fortune's recent walk-back of its June 2014 cover story, or news that regulators are looking into more complaints from ex-employees. [Reed Abelson and Julie Creswell \| The New York Times]
•	The flurry of dealmaking and consolidation in the tech industry is bringing back a familiar face: Frank Quattrone, an investment banker who brokered a number of the biggest deals during the dot-com era. Quattrone is making a comeback in spite of a mid-2000s court battle and lingering resentment over how things shook out with his business partners when the last bubble popped. [Maureen Farrell \| The Wall Street Journal]
•	Google Capital is Alphabet's late-stage investment arm that's backing highly valued companies like Credit Karma, Thumbtack and Crowdstrike. What's the biggest upside of taking Google Capital's money over other private equity? Probably the access portfolio companies can get to some of Google's top talent. [Mark Bergen \| Re/code]
•	Yelp CEO Jeremy Stoppelman thinks Google "has completely lost its mind," doing "whatever it takes to preserve [its] monopoly" on search. Listen to why he thinks Mountain View has gone off the deep end in his interview with Kara Swisher on the latest episode of the "Re/code Decode" podcast. [Eric Johnson \| Re/code]