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Didn't Lyft also do basically the same thing in China? I feel like Lyft is a living testament to collaboration being a better business strategy than domination
by beatpanda 9y ago
Didn't Lyft also do basically the same thing in China? I feel like Lyft is a living testament to collaboration being a better business strategy than domination
- MaxLeiter 9y agoI think the outcome of this Uber vs Lyft battle in a few years will be a better testament - who knows, maybe Lyft will fall and Uber will stay at the top.
- speedplane 9y agoThey are both losing money at such a tremendous rate, it's hard to tell how far Uber is ahead of the competition. wWe'll only know once the VC and PE money starts to dry up, and they'll be forced to go public and release much more information. Then investors will start demanding at least a path towards profitability.