you’re comparing a lot of unrelated numbers and mixing hem up. per barclays the figure for uber is 500M a year not 300. 300 is the figure for lyft market cap

you’re comparing a lot of unrelated numbers and mixing hem up. per barclays the figure for uber is 500M a year not 300. 300 is the figure for lyft market cap is the total value of the companies issued shares. they don’t have access to that money. 100m to fight a law that would cost them 500m/year seems like a good investment. burning 2b last quarter is proof they can’t afford any additional costs as they already aren’t profitable. adding 500m a year would be increasing their quarterly spend by > 10% just to service a single state