I want some thoughts on $LYFT Go!
@ericNovember 4
@steven_xu @patwallen are a couple holders of Lyft...alternatively, would be curious why @bwright83 @rihardjarc and @brad own Uber over Lyft!
@patwallenNovember 4
@eric my thesis is an absurd thesis- I think prop 22 is destined for failure, smart EV autonomous vehicles will supplement the ride sharing world, and Uber will fail under its own weight- leaving Lyft to be purchased by an Aurora or Cruise or the like. It’s a long term data play and nothing else
@bradNovember 4
Lyft is a service, a great service. They have a wonderful ride share business and everyone I've ever interacted with there is fantastic.
I just don't have any interest in owning a rideshare business. Uber, on the otherhand, is a platform. I love platform businesses.
@ebcapitalNovember 3
How does robotaxi's like Cruise fit into LYFT/UBER's strategy. Are they working on it internally or relying on external development (ie. TSLA Cruise, etc). I know it's a little ways off but I think LT investors have to consider the good, bad, and possibly, ugly implications....
@nathanwordenNovember 4
Lyft will probably never gain much more than 30% market share to Uber's 70%.
Right now they're hovering at 68% Uber / 32% Lyft. I don't expect the competitive dynamics to change such that this market structure will meaningfully shift.
You’d assume Uber’s revenue could be many multiples of Lyft’s for mobility, given they operate in 40x more countries.… and yet, they only generate a little over 2x the revenue for that segment? Q2 $UBER $1618M, Q2 $LYFT $765M 🤔