throwaway434232

3 ms·

1. 1.▲
   by throwaway434232 9y ago

   > they will both sooner or later have to reach break-even; neither will run at a loss forever. This. Subsidies don't scale. When you're company does relatively few rides, you can afford to subsidize rides on the order of dolla
2. 2.▲
   by throwaway434232 9y ago

   They are growing revenue faster than their losses and they are profitable in mature markets. That sounds like a fundamentally sound business to me. The cognitive dissonance you're suffering from is the inability to believe that investo
3. 3.▲
   by throwaway434232 9y ago

   Uber is apparently already profitable in the US. Does anyone know if Lyft is? If it is not, then that would suggest that Lyft is more guilty than Uber of subsidizing rides in order to win market share. 2016 numbers: Lyft Revenue: