But this is what institutional investors want. They want to see hyper-growth and high burn rates to increase revenue and market share above all else. But I thi

But this is what institutional investors want. They want to see hyper-growth and high burn rates to increase revenue and market share above all else. But I think anyone that suggests a certain outcome in the market is "likely" is making some enormous assumptions. I wouldn't invest in a high-risk IPO like this, but the outcome isn't "likely" to end in disaster. Lyft is spending an enormous amount of money on R&D and new market entry. Analysts have for years told us how a valuation at IPO is "never" going to work and been proven wrong time and time again. As a result, I treat both Lyft's potential as I do analyst recommendations: with a grain of salt.