- kind working team… genuine and authentic - incredibly smart and thoughtful people at all levels, on most teams - interesting opportunity space with tangible problems to solve and high potential for innovation - thoughtful focus on customers/users on most teams, with more and more company investment in how to do this effectively - recent investments in strategically aligning the organization and creating clarity in operations to support initiatives are beginning to help
Executives and senior leaders are terrible at investing in, growing and empowering the leaders under them, rather than holding them accountable and valuing their expertise and insights, they tend to bottleneck, micromanage and ignore the smart and thoughtful people they have hired. This has a three fold effect of eroding confidence in leadership overall, alienating working teams, and causing a culture of distrust, speculation and poor communication. Because everyone is “so nice”, and leadership is taking the tactic of micromanaging, a lot of things that could be worked through are left unsaid, and candor is absent at all levels. If Lyft can rightsize the above, by working with their leaders rather than around them; and investing in more leaders that are held accountable to contribute, drive, communicate and deliver …it will absolutely find itself on the right path.
I heard lyft raised 2.6B so far, but their latest valuation is 7.6B. The multiple is less than 3, so it seems really odd... For example, Pinterest raised 1.4B with 11B valuation ans Uber raised 9B with almost 70B valuation now. Does that mean something? Should that be factored in when valuing lyft o...Read more
Are you kidding me with this "delete Uber I'm going to use Lyft" nonsense....
Startups can be stealth mode, seed funded or Series A/B Unicorns are big companies but still act as startups internally like Uber, Dropbox, Lyft, Airbnb FAANG is FAANG TC:300K
http://www.nytimes.com/2017/03/01/technology/lyft-funding-uber.html
rip Uber and Lyft https://www.seattletimes.com/seattle-news/transportation/seattle-could-tax-uber-and-lyft-rides-to-fund-downtown-streetcar-affordable-housing/
http://www.sfexaminer.com/lyft-drops-100k-sf-tax-fund-housing-homeless/amp/
Finally made it, below is the list of companies I was rejected by Dropbox -3 times Box Realtor eBay - 2 times Facebook - 4 times Google - 3 times Lyft Funding circle DoorDash Instacart Airbnb Game time LinkedIn Uber - 3 times Adobe Updater Upwork Ancestry New TC - 230k YOE - 5 yrs Edit...Read more
I would like to invest in a etf or mutual fund after selling a few RSUs. Where would you invest now ? Seems so high I know you cannot time the market but still wondering what folks are doing I invested a little in PFA ROKU Revian Lyft now thinking best to do an etf but which one keeping in mind ...Read more
Friend worked in fintech fund & got let go randomly Top 20 school undergrad, Finance & Econ dual degree 5 YOE at Bulge Bracket Wealth Management 1 YOE in client advisory @ fintech fund Looking for sales, strategy, analytics, operations, or finance/investment roles. Any referrals would be helpf...Read more
https://www.theinformation.com/articles/lyfts-biggest-ipo-winners? What’s their source of financial data? Does the per stock value of different funding rounds look legitimate to Lyft folks? No need to provide exact stock value, but just respond the poll.
Consolidated based on information from other threads. Please share if you have information on upcoming layoffs. Layoffs: 1. eBay 2. SaaS startup (Sequoia Capital funded) 3. Google - cloud (February data unrelated to current situation) 4. Lyft (coming soon) Hiring freezes: 1. Affirm 2. Tubi 3. Uber...Read more
I’ve got a wedding to fund. Any great candidates want a referral? 💍💋 Seriously, if you're a senior engineer and interested in SF, SEA, or NYC locations we'd love to get you onsite. PM me your LinkedIn profile and let's make it happen! #lyft @lyft
https://www.wsj.com/articles/lyft-seeking-at-least-500-million-in-new-funding-1488418612 This is weird, right? Why not just get a loan?
Have 2 roughly equivalent offers in terms of TC. T6 at Lyft vs L3 at Stripe. Curious about people’s general thoughts about the upside potential of both companies. Lyft is down big since IPO and stagnant in a 1yr window. Stripe’s valuation per funding rounds has been on a tear, but their equity comp...Read more
Hello everyone, I'm looking for referrals to any Hedge Fund or FAANG companies. LC 350+ YOE: 2 years Please drop a comment so I can DM you my info. Thanks! #swe #engineering #software #referral #hiring #jobhunt #citadel #janestreet #hrt #jumptrading #twosigma #squarepoint #imc #qrt #drw #mlp #mi...Read more
Uber says their 2017 1st quarter growth has been awesome, despite negative press. https://techcrunch.com/2017/03/21/uber-says-rides-grew-more-in-early-2017-than-in-early-2016-despite-issues/ Lyft is blowing up + new funding http://www.theverge.com/2017/3/9/14860016/lyft-expansion-2017-us-100-ci...Read more
Everyone who took lyft 300k+ offers that we’re mostly stock got bamboozled by lyft. The supposedly high valuation they had was a lie, this stock could hit 30$, in which case some of you probably saw a hit on TC instead of the big raise you thought. It’s also why google doesn’t match paper money, it’...Read more
Uber partnered with Waymo. Uber's one of the largest investor is banking on GM Cruise. GM have 10% stake in Lyft (Uber's competitor) haha top investing firm and companies showing how they diversify. https://www.freep.com/story/money/cars/general-motors/2018/05/31/general-motors-cruise-softbank...Read more
There is a 200 billion dollar industry with no tech in the USA. Ready for the taking. I have an investor connection that can fund us with an mvp. Already have a designer and front end dev. I need a backend API to spin up. Think similar to Lyft/Uber but not transportation. Also not as time sensitive ...Read more
Pitch for all the new Airbnb + DoorDash millionaires: - Starting a VC fund that *only* invests alongside top early stage funds like Pear (seed stage DoorDash investor) and Floodgate (seed stage Lyft investor). - 10% of the fund carry is distributed across all the founders we back. Every founder who...Read more