3 ms·
Prudent move. If Lyft can figure out how to grow in markets already dominated by Uber it will be a much stronger company than if it waters down all its resource
by pbreit 11y ago
Prudent move. If Lyft can figure out how to grow in markets already dominated by Uber it will be a much stronger company than if it waters down all its resources playing Uber's game. In fact, a lot of Lyft drivers and riders prefer the Lyft experience. If Lyft can maintain the service differentiation, it can grow to a strong, if smaller number 2 player. And eventually in any market it chooses to go into. Perhaps like a Southwest Airlines.