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This program isn't free for Lyft -- @ 1,000 employees and $375/space/month for each of the 53 spaces, the monthly program cost is $35K per month (with the subsi

This program isn't free for Lyft -- @ 1,000 employees and $375/space/month for each of the 53 spaces, the monthly program cost is $35K per month (with the subsidies net of revenue), or 420K a year in cash burn!!!! IMHO, they'd be better off shutting down the lot and using it as a picnic area / common area for everyone to enjoy.

djrogers 9y ago
I’m not sure I follow your numbers or your logic - Lyft charged their employees, where is the $35k/mo cost to Lyft coming from?
- gwern 9y ago
  Presumably that's originally coming as part of the total cost of renting the building+mandatory parking lot. :)