I have an offer from Lyft - don’t have numbers yet ; but also have upcoming interviews with uber. I had a phone screen with uber a couple of years ago and got a very bad vibe - (brogrammer culture, unethical , etc) . Subsequent news about uber just reinforced that vibe. On the other hand , had a much more positive impression at Lyft.
If the Lyft numbers are strong enough I would be inclined to just cancel the uber interviews.
Is this a good, bad idea?
TC: 330 , Yoe: 8
- Uber lamJ33Lyft has peaked and is in big trouble going forward. Time to join was 2-3 years ago, not so much now
- Lol say goodbye to your balls then bc it’ll be $120B-$150B. For scale, Uber’s stake in DiDi alone is worth more than Lyft’s entire company. Add in stakes in Grab, Yandex, and the growth of Eats, freight, being in 70 countries, etc etc, you get the picture. But if you are sitting on a ton of Lyft shares then you’re still gonna make out very well so I wouldn’t worryJun 20, 201820
- There’s definitely a network moat at play, and any dominant multinational TNC can achieve profitability in other LOBs and markets and plow those earnings into a never ending subsidy war with a minor 1-country player in their home market until that player runs out of money. Why haven’t other ride hail companies besides Uber and Lyft been successful if there’s no moat?
- I don’t think it’s network, more like inertia . Also to your second point, Mostly because of capital- there’s a significant capital cost to getting a ride share business going . And there def are other successes in other countries such as Didi , ola etc. What’s stopping Lyft from copying eats etc?
- The same thing that stops them from launching other countries (Toronto and ottowa withstanding), network effects are very large and to try and buy even a few points of market share is incredibly capital intensive and may not even work. Look at the current landscape and ask why Lyft hasn’t launched in Mexico or the UK, or why they haven’t tried to copy eats like they copy everything else, or why Juno, Via, Gett, all failed or why RideAustin and Fasten failed as soon as Uber and Lyft came back into Austin TX... list goes on and on, there’s a formidable moat. Wild card is autonomous vehicles but those have been very very hyped and will not be a meaningful portion of the rideshare pie anytime soon
Flagged by the community.
- Man Lyft is getting massacred by uber - Lyft folks any dissenting opinions on your end ?
- You understand that they all are biased;) ask your recruiters about lyft vs Uber. They provide interesting arguments from lyft perspective as well.
Market share in us is going to reach 50% in foreseeable future
Important contracts with other companies
Focused on a single market to not fight it everywhere but ready to expand
- Lyft market share hitting 50% in foreseeable future? What drugs are you smoking? Lyfts a nice story and I’m sure early employees have done well but they’re in 1 line of business in 1 country and Uber’s 2017 merely delayed the inevitable for them. They’ll have to get acquired at some point but they’ve tried that many many times and nobody wants to buy once they see under the hoodJun 20, 201811
Worth a read. Basically Tali Rapaport is toxic. I’ve seen multiple threads on Blind complaining about how poorly she is doing to provide leadership
- Alright everyone BE COOL. OP - I interviewed and joined recently and found the people to be the strongest among all the companies I interviewed with, including FB and Lyft. Definitely worth a look. I liked Lyft as well but very different culture — why not try to have both options? Culture IS different than many companies but not necessarily negative — just very decentralized and requires self-starting nature... that’s my impression so far anyway.
- Ex-Uber. Had interviewed at Lyft as well.
Because I was in the space where a check on competition was required, I can tell you for a fact - Lyft is a def no.
Lyft is Uninspiring, dull, unambitious. It’s business exists because of Uber. Lyft’s founders are just a bunch of guys who want people to carpool. (Read about their past businesses.) Their success is thanks to Uber’s success and Uber’s un-caring attitude.
Even during the worst of 2017, Lyft was the competitor that we were least worried about.
- I interviewed with Uber 4 years ago as well and got a negative vibe - not so much about bro culture, but about bad work-life balance. When I interviewed earlier this year, it was obvious that things have changed a lot. One of the big things people are asked to do is collaborate and not be a hero and try to save the world. The ethics problem IMO is behind us, Dara is a very strong leader and not afraid to take stands to do the right thing.
Give Uber a shot. Interview. You'll find that it's a very different place.
I have 8 yoe as well, TC about 220 + 880k paper money (not for long) over 4 years.
- Doesn't really depend on your level. I have young kids and I work 8am to 6pm, three of those hours on commute. The other hours are open for meetings. I WFH once about 10 days, take a couple of days off every month or so. No calls/emails/chat from home. And never had to work late or weekends in my 4 months here.
- Uber stockguruBad idea. Interview with Uber anyway and then decide.
Copy pasting from my last post
Answer these simple questions and find out yourself.
1) Do you like coping or innovating?
2) Bing or Google?
3) Ride sharing or Mobility platform?
4) No IPO plans or well defined IPO strategy
5) No annual refreshers vs good annual refreshers
6) Lyft credit vs Uber credits (yes, you can buy food with it's through ubereats)
7) US centric vs global
I think it's a simple choice overall but you need to do your own research about the team and see which one you like the most.
Uber needs a lot more work to support these massive businesses like Rides, Eats, Frieght, ATG, Jump etc
- Twitter zUwB37Why not try for both and negotiate? If the Uber offer is better it could help you get better numbers from Lyft.
- That’s what I am thinking, but I am finding it hard to be enthusiastic about uber . I am not a good actor and assuming I did well on the technical, I am afraid they will ding me on the cultural fit. Secondly, I get the impression uber is so huge right now , that I would be just another cog. Lyft seems to have more upside but also more risk.Jun 20, 20183
- Uber U75Dont worry about culture fit. We are moving away from Uber 1.0. This means if you feel uncomfortable with the culture a few years back, so do we. Welcome to interview, and it may help you make a better decision, even if your choice is Lyft, you will be more confident and informed with your decision.Jun 20, 201814
- Let's separate out our external PR efforts and the reality. Our culture is still bad. It's just better than the catastrophically bad culture we had. In some cases, it isn't all an improvement. Now you have more sociopaths who hide their feelings, are better at politics, and are still pricks. They are just stealthy pricks.
Bigger question is whether Lyft's gains are our expense in 2017 will sustain and if Lyft can continue to grow share.
Companies with terrible work cultures can be very successful - see Amazon.Jun 20, 20186
- Does anyone else feel like all these anti-Lyft arguments are the same, and are reinforced internally at Uber?
- I love the passion here.
Bottom line, Lyft has gained share all of 2017. Still gaining share in 2018, and will continue to gain share as we speed things up.
Uber has lost their lead economists, their lead executives. They can’t even hire a CFO. Uber’s grow-fast strategy failed and in every market that they were challenged they exited.
The only good thing they kinda do is Eats.
Finally, coming in now will get you maybe 2x if Uber does well in the year or two post IPO.
For Lyft, with current valuation, 3-4x?
We are just getting started.
- Uber am no onehttps://www.bloomberg.com/news/articles/2018-06-06/general-motors-president-leaves-lyft-s-board-picks-replacement. If 1.9b is your Q2 number, you’re delusional that you’re gaining shares
- Uber FLOh38I moved to Uber from Google last year after Dara was appointed. I didn't interview at Lyft because they are only in US and lesser number of businesses. I personally don't see how they would catchup with Uber in Long term.
I have personally found Uber culture to be good, can still be improved engineering wise. All I would say is don't base your decisions on media info alone. Interview and ask around. The problems mentioned in media wrt Uber happen in lot of places but TK was an idiot in this regard and let it get out of hand.
These are my views and not of anyone else. YMMV.
- Uber bros you make some good points, but ride sharing doesn’t seem to have a moat. In the end , lowest price generally wins - it seems a lot like the airline business to me; And there’s plenty of space for more than one ☝️ player; if uber valuation is at 120b and Lyft at 11b then there’s lot more upside at Lyft. I think Uber’s rising valuation actually helps Lyft. CMV 🤔.
- Uber BallerinaPost deleteUber in early 2017, Lyft’s growth is in lockstep with Uber’s growth in the US, which shows how incredibly risky that company is. If the US market slows, and there is already articles that state that both companies may be overemphasizing future US growth (no car ownership etc), Uber has 70+ countries and other business verticals to offset the growth. Lyft does not.
- WHY LYFT: Upside, you like the people, smaller.
WHY UBER: It’s the most important tech company since FB. And It’s pretty cool to work for a global brand that powers livelihood for more people than any other organization except the Chinese Army. (Obviously you know the upside of global nature from Apple).
If Lyft TC is 50K+ of Uber (which it very well might be), go with Lyft. Else; Uber.
- Lyft / Eng🚀👏moreFinancials aside Uber is a superior engineering organization. Lyft code is hacks on top of hacks and leaders have no clue how to run a software organization. L5 might be different. Luc knows his shit
- Uber / MgmtTeamJedimoreLyft’s goal in life is to slow down Uber. They just said at a conference last week is that they are still working on ways to use “#deleteuber” and push out more negative news about uber. I think Lyft is so caught up in Uber that they are missing out on how to be different. Uber now has great values and great leaders. So they can’t use that any more. It’s like the Houston Rockets. Their number one goal was to beat the warriors. They got close but it didn’t work. They needed to find different strengths and use it. That is why Uber has so much more value. Future growth is huge at Uber. Eats, Freight, Bikes, Middle East, South America, Elevate. Uber is like Amazon. Soon Uber will take over all aspects of ground transportation.
- Lyft / Engthingsandyeah lyft definitely did not say that at a conference. actually we have been very consistent about the message, and that’s that deleteuber has nothing to do with lyft as a business. i agree uber is cleaning up but just stopping misinformation. it’s possible to have multiple competitors in a space with no ill will towards each other. personally i applaud uber as it seems like internally y’all are cleaning upJun 22, 20184
- Lyft has no eats and global footprint. You will be a fool to join lyft.
- Reading this thread is depressing. Hey at least both companies are growing well, treats employees well, and is a good place to work (in terms of projects, teammates, eng culture, work life balance...).
... unlike other companies who went public last year.
If anything, this is probably like the Intel vs AMD comparison.
- Thumbtack Asg8KHm. At 8B gross bookings it seems that even at the end of this year Lyft will remain smaller than just the Uber eats business. It seems that Uber has successfully built their second business in time for ride share expansion slowing down, where as Lyft is still hoping the ride share will pan out. They have no plans to compete outside this vertical at the moment.
- Lyft KLtu86In the end, Lyft generally pays better, TC is King. Will Lyft marketcap ever be greater than Uber’s? No. Will it go up at around the same rate as Uber’s? Likely yes. It’s valued at 1/5th of uber, growth is faster in the US and hasn’t slowed down much.
- Lyft VpYK34Come join us at Lyft. It’s literally the best culture I’ve worked in. And Uber is already huge, there is not much growth left there. Lyft is still #2, but we are growing like crazy! Common sense. Just like buying stocks. Don’t buy high, buy low so you can get the rewards of the upside.
- Uber tippingsInterview for both. Uber is the better financial bet and the culture is changing fast.
- I’m starting at Uber early next month, and I had a very positive experience interviewing. Loved my lunch with the hiring manager. Offer from Lyft seems low — I have only 3 yoe and Uber offered me TC of 270k (150 base, 13k annual cash bonus, rest paper money)
- New GMSK07From reading the comments, it sounds like Uber’s culture is still a bit toxic. (I’m not affiliated with either company but was looking to see what people thought)
- Lol doesn’t count. The points I made is so obvious to many people but less obvious to those without vision. After a few years just look back and verify. Anybody joining lyft will look like a fool
- They got 1B from google because page wanted to stick it to TK for the waymo thing, and then were handed a complete gift in 2017 via deleteuber. They even managed to bungle the deleteuber gift by not capitalizing nearly as much as they should have. Without those two events Lyft is a part of GM right now. They’ll be shopping themselves yet again within a year
- Uber HdsvbytfSo lyft vs Uber is like amd vs intel. Normally if one cannot afford intel they buy amd. Rich guys mostly choose intel. Similarly if you can get into Uber then join Uber