Lyft Files for IPO

Post by liquidise » Fri, Dec 07, 2018, 1:40 AM UTC

dcposch wrote: post #215

the_reformation wrote: post #200

The most exciting implication here is that we can finally pour over the financials of a major ride-hailing company. Whether these companies have the unit economics to succeed is, remarkably, still an open question.

Sorry to be a grammar right wing populist, but it's "pore over". To pore is to think deeply about to something, to dwell on it. A pour-over is a type of coffee.

Post by kochikame » Fri, Dec 07, 2018, 2:09 AM UTC

rhizome wrote: post #172

docker_up wrote: post #63

From a purely investment point of view, why would anyone invest in Lyft over Uber? Lyft has a smaller footprint and only operates in the US (except Toronto). They are more susceptible to economic conditions in a single country, the US, and every point of marketshare they get is a zero-sum game against Uber and presumably expensive because Uber won't give it up for free. Uber has a global operations, is in multiple st…

They are more susceptible to economic conditions in a single country Taking Lyft to be a single-purpose undiversified company, isn't the opposite true? I'm no economist nor MBA, but aside from cashflow wouldn't a smaller company be more resilient to conditions due to lower resource demands? every point of marketshare they get is a zero-sum game against Uber Is this...true? First, because there's more than two players…

Post by kondro » Fri, Dec 07, 2018, 2:27 AM UTC

mreid wrote: post #241

kondro wrote: post #224

Earlier quoted context omitted.

Ha! I’ve always thought pour was more of an onomatopoeia of being hunched over and processing a large set of things. I’ve learned something new today. :)

Another thing to add to your learnings for the day is the difference between “metaphor” and “onomatopoeia”. The latter is only for words that are related to a particular sound they are describing, e.g., “quack”, “bang”, “sizzle”, “whoosh”. “Pour over” is the sense you describe would be a metaphor.

Post by ashelmire » Fri, Dec 07, 2018, 2:45 AM UTC

lbacaj wrote: post #48

I see a lot of comments on here about the efficiency of Lyft/Uber's and lots of comments about their overspending. The new book by Reid Hoffman, Blitzscaling, was an eye-opener for me as to how these companies operate and what seems as incredibly inefficient now will all be but forgotten tomorrow when they have complete monopolies over all transportation... The nature of technology makes it winner take all almost alw…

Post by ghaff » Fri, Dec 07, 2018, 2:56 AM UTC

davrosthedalek wrote: post #237

ghaff wrote: post #209

Earlier quoted context omitted.

Lyft has gone through quite a few iterations of its own. Predecessors started before Uber but, even more recently, it moved beyond the pink mustache and fist bumping into being essentially an Uber clone. I (and apparently others) found the whole "be buddies with your driver" thing to actually be a real turn-off.

I agree, for me too. On the other side, the "we want to get rid of drivers" and "squeeze driver" type of stories I hear from Uber made me go to Lyft by default. Most drivers I ask which drive for both prefer driving for Lyft.