31–40 of 257 posts
Uber and lyft look like a charity set up by VCs to provide people with cheaper transportation. Who knows what will happen once they increase fares as they promise to investors
You'd need a price fixing scheme worthy of British Airways make this work.
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Most analysts are positive on company, media and market not so much. I think I'd bet on the analysts being right. I think eventually for Lyft & Uber prices will creep up, discounts & marketing decrease and plenty of money will be made on a small spread.
Analysts predict where the stock is going in the short term based on "sentiments" and "emotion". I wouldn't bet anything on them.
Uber and lyft look like a charity set up by VCs to provide people with cheaper transportation. Who knows what will happen once they increase fares as they promise to investors
As soon as one of them increase prices to generate profit ill just move on to the next ride sharing app, then the next, then the next. You'd need a price fixing scheme worthy of British Airways make this work.
When Lyft was doing their road show there were a few analysts who had price targets of $45 as Lyfts fair value at IPO with an acknowledgement that the amount of shares available would double, and possibly triple when all shares were off restriction, meaning that the $45 price target was a best case and we would probably see far lower once people can sell. This is a company that has maybe 33 million shares outstanding…
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From the summary in the child twitter link: >We hope in the future there will be driverless cars and that we can then make money because no drivers but other people are developing them too. Nice! It's common to think that self-driving cars will be Uber's salvation, but even then, they'll have to come with other SDC providers, so there's no moat. They'd have lower costs, but so would everyone else, and so they'd have…
The self driving car idea won't help Uber or Lyft for two reasons. First, neither company has the tech experience to build one. Second, and more importantly, both companies would have to buy and maintain the cars which isn't financially viable.
The problem is that self-driving cars will change car ownership needs, and that there could be entirely different companies in the space when it does finally come around.
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The self driving car idea won't help Uber or Lyft for two reasons. First, neither company has the tech experience to build one. Second, and more importantly, both companies would have to buy and maintain the cars which isn't financially viable.
They're hoping you'll buy a self-driving car and then let them pay you a minimal fee to use it when you're not. The problem is that self-driving cars will change car ownership needs, and that there could be entirely different companies in the space when it does finally come around.
It is unrealistic to expect that to be a moat-profitable income source for Uber, when you can rent that same SDC to Lyft -- or Tesla, for that matter [1] -- who will offer competitive terms.
[1] If they offer it for their own cars, they could probably extend the platform to allow outside cars, perhaps with different branding.
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From the summary in the child twitter link: >We hope in the future there will be driverless cars and that we can then make money because no drivers but other people are developing them too. Nice! It's common to think that self-driving cars will be Uber's salvation, but even then, they'll have to come with other SDC providers, so there's no moat. They'd have lower costs, but so would everyone else, and so they'd have…
The self driving car idea won't help Uber or Lyft for two reasons. First, neither company has the tech experience to build one. Second, and more importantly, both companies would have to buy and maintain the cars which isn't financially viable.
Very interesting process going on right now with Lyft & Uber both losing money and some of their drivers trying to stage protests and strikes. The drivers appear to rely on the company as their primary source of income and want more money yet at the same time the companies are operating at a loss. Were they to increase wages (as % of every ride) it stands to reason the losses would widen. If they get to wide the comp…
Makes one wonder how Grab compares, which is popular in Asia. I believe most Grab drivers in Thailand most likely earn an above average wage. For example a short drive from Chiang Mai central bus station to Chiang Mai airport cost me 208 Baht (~7 USD) while the average Thai daily wage is probably around 300 Baht. I also paid a tip (240 Baht total). Of course Grab gets a share of the income, but I’d guess it’s less th…
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Analysts predict where the stock is going in the short term based on "sentiments" and "emotion". I wouldn't bet anything on them.
if Analysts knew so much they would be rich instead of providing advice, which I've found to be hit or miss, to other people.