Uber and Lyft are not looking good.
Lyft has cash 517million, burn 975million last year. Uber has cash 6.4billion, burn 2.8 billion last year. Lyft looks a lot dangerous than Uber. Last year Uber has a one time Other income of 4.1billion, not sure where that comes from, without that money Uber would look as bad as lyft. Be careful with them. High TC = high risk in general.
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Facebook кгб Jul 30, 2019
Where should we go then?
New
cwDb66 Jul 30, 2019These cash levels are pre-IPO. Uber raised $8+ billion, so they have ~$14 billion before Q2 earnings come in.
PayPal TC=300k Jul 30, 2019
Prestige is all I care.
Lyft Spookie Jul 31, 2019
Pretty sure Lyft has more than 5x that much cash
Lyft uwajimaya Aug 2, 2019
We have 3.6b cash
Financial analysis shows we should run away from them as its not profitable, cant last long.