Lyft is Toast
Here’s Lyft’s assets - liabilities in billions as reported in their Form 10Q for the third quarter of each year: 2019: 5.7 - 2.7 = $3.0b 2020: 5.0 - 3.0 = $2.0b 2021: 4.8 - 3.3 = $1.5b 2022: 4.6 - 3.8 = $0.8b At their current burn rate, they have about a year remaining. Of course they just had lay