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Lyft in Trouble

blog.pragmaticengineer.com

21–22 of 22 posts

Re: Lyft in Trouble

#21

Earlier quoted context omitted.

It's correct that Tweets can't be edited after a certain amount of time. But given how incorrect this information is, he should delete this tweet.

I wrote the tweet. Didn’t realize it’s would be posted here. I cannot edit tweets after it has replies (apparently by design). I added follow-up tweets, but seeing those are not read: I deleted the tweet. Here are numbers in context, not looking at stock-based comp: https://blog.pragmaticengineer.com/

Thank you!

> I cannot edit tweets after it has replies (apparently by design).

I think this is to counter a situation of people posting something adorable to get lots of likes/retweets leading to plenty of fan-out to millions of people's feeds, then replacing the content with something inflammatory.

Re: Lyft in Trouble

#22
post #4

As a reply further down points out, half of their loss is in the form of stock based comp and that doesn't affect free cash flow, so Lyft isn't quite going out business in the next year. The situation is still pretty dire, however. It's crazy to me that Lyft still hasn't entered the food and grocery delivery market when it has been abundantly clear for years that that's where the money is. And in 10+ years of operati…

Lyft manages or is the owner of companies that manage bikes/ebikes/scooters in multiple cities around the world.
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