4 ms·
> A small scale Uber or Lyft is just a cab company with an automated dispatch agent. It should be valued like a cab company, not a tech company. You, sir, are
by game_the0ry 4y ago
> A small scale Uber or Lyft is just a cab company with an automated dispatch agent. It should be valued like a cab company, not a tech company.
You, sir, are an absolute savage...and correct.
It also doesn't help that Lyft has not been profitable since going public, so if it were valued as a taxi cab company, it would probably have negative enterprise value.