Lyft

No single number decides. Layers can disagree — that's the point. New to this? →

• neutral fact_claim Jason Calacanis

  But then Lyft was giving $600. And then the drivers are smart. They're like, oh, you guys are idiots. I'm going to, next week I'm doing Lyft. The week after I'm doing Uber, I hit my incentive. I flip to the next person.

• bullish assessment David Friedberg

  i don't think it's actually taking away from uber lyft i think it's just taking away from people driving any service driving themselves and that's what's going to go away as car ownership is going to go away to car rentals

• bearish fact_claim Unattributed

  Um, anyway, investors kind of agree with you. I, I was expecting this to trade up on the news, but lift's actually down a little bit today. And they're worth about 11 bucks a share down from a 52 week high of around 19. So not looking good for lift sadly. I want them to succeed. So I'm going to root for them here, but yeah, I can't really, uh,

• bearish prediction Unattributed

  Yeah, it's, it's, it's destined for failure.

• mixed assessment Unattributed

  what matters here is for Lyft, this is a billion dollars in, uh, yearly bookings. It's a lot of market share in Europe. And I believe it's also adjusted even a positive out of the gate, Jason. So it's not a profitability hit. It's expanding them and bringing more stuff into their orbit. If you're Lyft and you want to survive, maybe you still sink, but I can't fault them here. They, they really needed to have more than one market. Europe makes sense. Why not just buy into an existing functioning

• neutral fact_claim Unattributed

  Primetime pricing, TechCrunch is paraphrasing there, is a bad form of price raising, said Lyft's CEO. It is particularly bad because riders hate it with a fiery passion. And so we're really trying to get rid of it.

• bearish prediction Unattributed

  You have to understand the competitive landscape. The drivers want to maximize their earning potential. If you want to drive on a Friday or Saturday night, you have to deal with drunk passengers who might, you know, puke in your car or might be obnoxious. And you have to give up your Friday and Saturday night with your family, your loved ones. And so in order to get people to give up their Friday and Saturday night to drive Uber, you need to incentivize them or Lyft. If Uber if Lyft takes that o

• bearish criticism Unattributed

  It's a really stupid idea.

• neutral fact_claim Unattributed

  In its last quarterly earnings, I believe Lyft mentioned that it was looking at actually getting rid of surge pricing to boost its rider numbers. And I think last quarter, Lyft's revenue per rider decreased about 5% quarter over quarter.

• bullish fact_claim Unattributed

  the public benefits because Lyft got you a cheaper ride and they created the category of ride sharing

• bearish fact_claim Jason Calacanis

  in a startup called lyft which got absolutely demolished by uber

• bullish assessment Jason Calacanis

  i tend to be you know bullish on lyft long term i was on the board there for many years as we were brawling with uh with travis and crew over at uber

• bullish fact_claim Unattributed

  And that's why Uber won over and Lyft and DoorDash that whole group. Because they were so good to the drivers.

• neutral fact_claim Unattributed

  lyft did a 13 percent riff and let go of 700 employees uh 700 of its 4 000

• mixed assessment Mark Suster

  And, uh, then I took the Lyft ride sharing and I was in a total panic cause we were only doing Lincoln town cars. And I said, well, with sidecar, I offered somebody $25 to take me from San Francisco to Santo road. And Uber would have been 75 lift was like 60 or 50. And this guy did it for 25, but I felt like I was going to die. Cause he was leaning so far back in the chair that I was having like a face-to-face conversation with them. Car smelled like weed. It was like scary. I was like, so that

• neutral fact_claim Pete Flint

  So let's just take ride sharing. So it's certainly in, in the Bay area, it's a duopoly right now. Um, and that's because there's an asymptotic network effect.

• bearish prediction David Sacks

  this law will have very adverse consequences for their business.

• bearish fact_claim Chamath Palihapitiya

  the state is effectively capturing the excess return of Uber and Lyft.

• bearish assessment Chamath Palihapitiya

  it's not a real venture kind of business. And so you may be deficit financing it or building it in a very different way than we used to.

• bearish prediction Chamath Palihapitiya

  if you were comfortable with a 60% or 70% reduction in the market cap of some of these companies, you'd be okay with AB five.

• bearish assessment Chamath Palihapitiya

  the entire public markets who all of a sudden think that a business looks one way has to figure out that it's really a cost plus business.

• bearish assessment Chamath Palihapitiya

  it has huge operational implications and it has really terrible OPEX implications for a company

• bearish criticism Brad Gerstner

  Because if you listen to the Lyft call, it was a train wreck.

• bearish criticism Brad Gerstner

  So Lyft and everybody else could do diseconomic things.

• neutral fact_claim Bill Gurley

  I'm talking about Uber and Lyft and like hundreds of billions of dollars of money. Raised in the private market and shot onto the playing field out of a cannon. That's brutal.