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Lyft's valuation is still 1/10th of Uber's. I don't think we need to worry too much about Uber going under anytime in the near future. Uber still has another 10
by nomnombunty 10y ago
Lyft's valuation is still 1/10th of Uber's. I don't think we need to worry too much about Uber going under anytime in the near future. Uber still has another 10B in the bank. As a consumer, I am supporting Lyft so that they might live another day to keep the competition going
- Judgmentality 10y ago> Uber still has another 10B in the bank. Seeing as how leaked financials have reported Uber losing billions each year, I don't think they have nearly that much money left. https://techcrunch.com/2016/12/21/uber-losses-expected-to-hit-3-billion-in-2016-despite-revenue-growth/ https://techcrunch.com/2016/12/21/uber-losses-expected-to-hi...