2 ms·
even if lyft's burn-to-revenue ratio is higher, their burn is still lower that uber's, and it's going to cost a lot fewer incremental dollars to prop up lyft's
by philsnow 9y ago
even if lyft's burn-to-revenue ratio is higher, their burn is still lower that uber's, and it's going to cost a lot fewer incremental dollars to prop up lyft's burn than uber's for a few years.
some interested parties (waymo/alphabet) might be happy to foot that bill.
- ihsw2 9y agoDefinitely this. It takes a lot of effort to burn through as much cash as Uber is and moving the needle in Lyft's favor requires a lot less effort, which is where things get dangerous for Uber.
- scarmig 9y agoI've had the feeling that Alphabet has been using Lyft as a cat's paw in its war with Uber. Given its buckets of cash and what Alphabet perceives as the opportunity to dominate the next big market, can't Lyft expect almost unlimited funding? Or even an acquisition once its independence is not an asset?