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Lyft says its revenue is growing nearly 3x faster than Uber’s

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Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#51

Post by [deleted] »

rtpg wrote: post #46
ferongr wrote: post #19

Earlier quoted context omitted.

True. Here in Europe in general, Lyft is uknown, but, at least here in Greece, everyone sings the praises of Uber, in comparison to the terrible service normal taxis provide. HN is not only a regional but also an ideological bubble, and it seems to hate companies that are doing well for themselves (except Apple and Musk-affiliated gigs).

Why do you think HN hates companies that are doing well for themselves? Doing this is way more exhausting than cheering them on (see SpaceX, people have fun in those posts). "Oh this company is doing well and I'm jealous"? Seriously don't know how that's enough. There's a slightly less nefarious interpretation which is that people have different values, and disagreement happens. So many people are extremely happy to…

[deleted]

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#52

Post by hn_throwaway_99 »

zukzuk wrote: post #32
juicy-fruit wrote: post #7

Earlier quoted context omitted.

I agree. They just recently entered Canada (and it seems only one province), so of course they are going to have bigger revenue growth than Uber as they enter new markets. A stretch: is Lyft going to use these metrics to go public before Uber to hype itself up?

Incidentally, my experience with Lyft here in Canada has been pretty dismal. On average pretty terrible drivers. I have a feeling Lyft is getting all the Uber rejects. If that's the case, this is going to derail Lyft's Canadian debut pretty badly. I wonder if this is a common problem when they come into an Uber-dominated market.

I've seen these anecdotes one way or the other (pro/anti Uber/Lyft/whatever) and I think they're all pretty useless when trying to extrapolate to the broader population. One thing that is abundantly clear, at least in the US city where I live, is that Uber and Lyft are pushing hard for the same pool of drivers; many drivers drive for multiple ride share services. I'm extremely skeptical of "one company's drivers are better" stories given they're all largely the same drivers.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#53

Post by praneshp »

tootie wrote: post #41
ravenstine wrote: post #6

I remember when Uber was clearly dominant. That was over a year go. For the past two conferences I've been to, including the one I'm at now(Ember Conf), EVERYONE has been using Lyft. It really is possible for a company to piss off enough people.

Uber has been ridiculously overvalued. They're core offering an app for hailing taxis. There's a dozen copycats that do it exactly as well as Uber. They are #1 by being first to market and establishing a strong brand. Their product is extremely vulnerable.

> There's a dozen copycats that do it exactly as well as Uber

Can you name 3?

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#54

Post by hn_throwaway_99 »

rtpg wrote: post #46
ferongr wrote: post #19

Earlier quoted context omitted.

True. Here in Europe in general, Lyft is uknown, but, at least here in Greece, everyone sings the praises of Uber, in comparison to the terrible service normal taxis provide. HN is not only a regional but also an ideological bubble, and it seems to hate companies that are doing well for themselves (except Apple and Musk-affiliated gigs).

Why do you think HN hates companies that are doing well for themselves? Doing this is way more exhausting than cheering them on (see SpaceX, people have fun in those posts). "Oh this company is doing well and I'm jealous"? Seriously don't know how that's enough. There's a slightly less nefarious interpretation which is that people have different values, and disagreement happens. So many people are extremely happy to…

Agreed. Whether you think it's worth changing your habits for, with the numerous examples of shitty behavior (that their new CEO has even copped to) from Uber it's not hard to see why people wouldn't want to support them.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#55

Post by jakebellacera »

spaceflunky wrote: post #22
121789 wrote: post #12

Earlier quoted context omitted.

Anecdotally I haven't found this HN-wide negative sentiment of Uber (and narrative of its decline) to be shared anywhere else in the US. My extended family in the southeast and northeast US is familiar with Uber (without using it), but they haven't heard of Lyft. When I lived in Chicago, most of my peers had Lyft, but Uber was the always the first choice. Does anyone else see the same trend? The bay area certainly se…

I noticed the same thing about my family in Phoenix who has nothing to do with the tech industry. They think they're very savvy for having the Uber app and knowing how to use it. In fact my uncle was bragging about some uber benefit he gets via his amex platinum card. They've never heard of Lyft and don't know anything about any Uber controversy other than the fact that 'taxi drivers hate it!"

Everyone I know gets an "uber" regardless of whether they're using Lyft, Uber, or any other ride sharing service which is not a taxi.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#56

Post by hn_throwaway_99 »

spaceflunky wrote: post #25
ravenstine wrote: post #6

I remember when Uber was clearly dominant. That was over a year go. For the past two conferences I've been to, including the one I'm at now(Ember Conf), EVERYONE has been using Lyft. It really is possible for a company to piss off enough people.

Google wasn't the first search engine... Apple didn't sell the first smartphone or tablet... Facebook wasn't the first social media site... Amazon wasn't the first to sell shit online... And Lyft wasn't the first ride-sharing app. Maybe being first to market is overrated?

I'll give you the other ones, but I'll challenge the Amazon example. Sure, there may have been other small sites selling stuff online, but Amazon definitely was a first mover in selling lots of stuff at volume. With all your other examples I can name the companies the later movers overtook (e.g. Google -> Yahoo/Alta Vista, Apple -> Blackberry, Facebook -> Myspace), but I think the first time I bought something online it was a book from Amazon.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#57

Post by jimmy1 »

jakebellacera wrote: post #55
spaceflunky wrote: post #22

Earlier quoted context omitted.

I noticed the same thing about my family in Phoenix who has nothing to do with the tech industry. They think they're very savvy for having the Uber app and knowing how to use it. In fact my uncle was bragging about some uber benefit he gets via his amex platinum card. They've never heard of Lyft and don't know anything about any Uber controversy other than the fact that 'taxi drivers hate it!"

Everyone I know gets an "uber" regardless of whether they're using Lyft, Uber, or any other ride sharing service which is not a taxi.

Great! Now let's get out there and educate, because Uber is truly a disgusting organization at the top. I am sure once they have died, their engineers can find spots at Lyft as something will need to pick up the void, so no need to worry there Uber devs reading this.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#58

Post by misun78 »

nothrabannosir wrote: post #29
ferongr wrote: post #19

Earlier quoted context omitted.

True. Here in Europe in general, Lyft is uknown, but, at least here in Greece, everyone sings the praises of Uber, in comparison to the terrible service normal taxis provide. HN is not only a regional but also an ideological bubble, and it seems to hate companies that are doing well for themselves (except Apple and Musk-affiliated gigs).

> and [HN] seems to hate companies that are doing well for themselves Well, that— and , maybe, a pinch of Company-wide culture of sexual harassment.

Also source required where the number of sexual harassment cases at Uber > the number at a comparatively sized company. Otherwise you are just going off of who gets the most publicity in the media.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#59

Post by lathiat »

If you're in the US it's easy to forget that Uber is very world-wide and as a frequent traveller I use it nearly everywhere I go. Lyft is mostly US-only right now.

It's much nicer and easier to get an Uber at most airports and know you're not getting screwed, communicate your destination easily when you don't speak the same language and know that they take payment by card -- rather than arriving at the destination, having already asked if they take card payment, they said yes, then suddenly they don't.

Re: Lyft says its revenue is growing nearly 3x faster than Uber’s

#60

Post by philliphaydon »

praneshp wrote: post #53
tootie wrote: post #41

Earlier quoted context omitted.

Uber has been ridiculously overvalued. They're core offering an app for hailing taxis. There's a dozen copycats that do it exactly as well as Uber. They are #1 by being first to market and establishing a strong brand. Their product is extremely vulnerable.

> There's a dozen copycats that do it exactly as well as Uber Can you name 3?

If you look at markets outside of America. There’s a few. Most people don’t use Uber in singapore. They use grab. Then in Indonesia there’s grab and a local brand. And Thailand is grab and a local brand. Too lazy to double check the names.
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