Lyft says its revenue is growing nearly 3x faster than Uber’s
81–90 of 132 posts
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#82Earlier quoted context omitted.
You can speak for Europe in general? In my European bubble people are generally aware that Uber is a morally questionable company (without necessary knowing about the details, just a reputation) and some have heard of Lyft, even though it's not available.
This guy doesn't know what he's talking about. Uber is banned in Greece, Italy, Finland and a host of other countries. It's also legally banned in London afaik and heavily regulated in a lot of other places. Actually in Greece 4 drivers have been criminally charged for violating the law by driving for Uber and falsifying documents (as per company instructions). In the countries of South Europe (Greece, Italy, Spain,…
https://metropolitan.fi/entry/uber-returns-to-finland-in-jul...
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#83Earlier quoted context omitted.
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.
Actually, pretty much everyone at the top already left Uber about six months ago or so
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#84Earlier quoted context omitted.
> There's a dozen copycats that do it exactly as well as Uber Can you name 3?
Lyft, Gett, Juno, Via are the big ones in NYC. Also, Arro lets you have pay for a yellow cab with an app.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#85Sounds nice from a PR standpoint but you can't really compare the two companies based on revenue growth. Lyft is still a smaller company so in a global industry it's much easier for it to grow faster on a percentage basis. They're still expanding to cities where Uber already exists. If you started a rideshare company and gave 11 rides this month you'd be growing 10x faster than Lyft.
but if they are entering markets where Uber already exists, wouldn't there users mainly be ex-uber users ? unlikely that all of them are new users. Unless people user both at the same time, but it could still eat into ubers revenue in those regions.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#86Sounds nice from a PR standpoint but you can't really compare the two companies based on revenue growth. Lyft is still a smaller company so in a global industry it's much easier for it to grow faster on a percentage basis. They're still expanding to cities where Uber already exists. If you started a rideshare company and gave 11 rides this month you'd be growing 10x faster than Lyft.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#87Earlier quoted context omitted.
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…
Are you sure about your first assertion? It is well known that HN is gratuitously negative about everything. SpaceX is the exception, rather than the rule - and you'd be hard pressed to find another company with quite such a positive reputation on HN.
People by default will be excited about stuff that's "good news". But the community is pretty big, so there will usually be a set of people that see an issue, and comment on it.
So in the end many things coming through will be negative or cynical. The fact that people tend not to just comment "neat" but will write the paragraphs of research saying how X is wrong doesn't help in the impressions. But for things like research papers, most people tend to just comment on the contents.
I think the reason so few companies on HN have this reputation is because many of these companies are problematic. Google is the symbol of ad networks. Facebook does a bunch of privacy-busting stuff. Amazon exploits many workers on the lower end and it's not certain that their monopoly will be benificial in the future.
If anything I think it's an indictment on the kind of company that succeeds in SV (and, well, capitalism). I think we all remember old "do no evil" Google financing a bunch of awesome stuff. And when they turned out to be like every other company.... well that sucks.
Inversely loads of smaller businesses tend to get a lot of good press on this website, because people can see the passion and the "not about quarterly revenue" attitude.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#88It is a expression with no clearly defined meaning, and really shouldn't be used.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#89Earlier quoted context omitted.
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?
This may be semantics but technically Lyft was the first to come up with the Uberx model of anyone becoming a driver.
Re: Lyft says its revenue is growing nearly 3x faster than Uber’s
#90Sounds nice from a PR standpoint but you can't really compare the two companies based on revenue growth. Lyft is still a smaller company so in a global industry it's much easier for it to grow faster on a percentage basis. They're still expanding to cities where Uber already exists. If you started a rideshare company and gave 11 rides this month you'd be growing 10x faster than Lyft.