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And when the unsustainable "subsidized growth" period ends, Lyft will be the new word on the street. It's not exactly a high barrier to entry to hear about and
by nebabyte 10y ago
And when the unsustainable "subsidized growth" period ends, Lyft will be the new word on the street. It's not exactly a high barrier to entry to hear about and install a new app in this day and age.
If your reasoning is entirely anecdata, there's really no point in you engaging in threads about where businesses are going, since you'd only ever have something to contribute after it already happened.
- aianus 10y agoWhy would Lyft have any better margins than Uber once the subsidized growth period is over? If anything Uber will have better margins as they can distribute their fixed costs across more rides due to their global availability.
- st3v3r 10y agoHow many fixed costs are there? It's an app that sends location and messages, and does billing.
- aianus 10y agoApparently they both have thousands of employees and all in high-cost areas like SF, Seattle, and NYC.
- nebabyte 10y agoAre you kidding? Having spent less. Have you not been paying attention to Uber? They've been leaking funds like a sieve. Settlements, advertising, more employees, generally more aggressive and expensive tactics.