seeing a lot of negative posts about lyft and ride sharing company in general. is it a bad idea to consider switching from a cloud storage company to a ride sharing company?
Why go ? 😢
I’m not sure if we can be one of the dominant players in the collaboration space. Not bullish about the way we are executing these big ideas - it’s very solution based vs problem based. We are never explicit about what problems we are solving for whom.
But ... but ... we have tuck shop ...
Do you like gambling? It's an underdog company in a very competitive market. The downside is huge, so is the upside.
Stock is taken a beating bringing it close to some pre IPO valuations. If you have a medium large appetite for risk and a good compass for navigating office politics with proliferation of middle management welcome aboard
How does the proliferation of middle management impact IC’s life?
Perf reviews will be extremely political, don't expect your work to speak for itself. No direction from above, higher ups have been hired 2 months ago, a lot of rest and vest gang, ... If you don't care or are good at that thing doesn't affect you
It’s a fine company. Just discount the RSUs heavily in TC calculation
I think it’s a great company doing awesome things with a high TC. What are the negatives?
Hundreds of millions $ being burned each quarter and regulatory threat that could fundamentally hurt the ride sharing business.