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That makes sense, but it makes me skeptical, then, of the article's claim that they have no path to profitability.
by pochamago 8y ago
That makes sense, but it makes me skeptical, then, of the article's claim that they have no path to profitability.
- Sohcahtoa82 8y agoMany investors are extremely short-sighted.
- lhorie 8y agoThe better analyses I've seen say that Lyft could be profitable, if they stopped subsidizing growth via their profit centers, but then they have to somehow overcome the one-trick pony problem and it's not very clear how. Uber, on the other hand, has several verticals, and also enough muscle to be able to strike profitable deals w/ local competitors, as it has already done in various countries.