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You can make the argument either way. On one hand, Lyft has its eggs in one basket. On the other, Lyft is concentrating on one market and can focus on it a lot
by untog 8y ago
You can make the argument either way. On one hand, Lyft has its eggs in one basket. On the other, Lyft is concentrating on one market and can focus on it a lot more clearly than Uber can.
I agree about Uber Eats, though. That feels like a genuine differentiator. But I'll bet that when Uber IPOs it'll command a price far higher than Lyft's, so it'll be factored in.
- shereadsthenews 8y agoLyft doesn't have just one basket. Their supposed growth area is bicycles and scooters, a money-losing industry in which they will be the Nth entrant for a large value of N. They also have a self-driving-car effort that is dead last.