- 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.
Rough but expected news, especially considering the lack of diversification in Lyfts business model. Another article mentioned layoffs "saved" them. Wonder if there's more coming... https://www.cnbc.com/2020/08/12/lyft-earnings-q2-2020.html #tech #lyft #ridesharing
Understand that COVID decimated rideshare but I’m honestly surprised at DD’s 2.9 billion revenue compared to Lyft’s 2.3 billion. DoorDash has 1,000 fewer employees so the dollar to employee efficiency makes it even more impressive. If Lyft captures 45% of the market compared to Uber and still only ...Read more
Thinking of applying to Uber/Lyft but afraid of their financials (if no one is riding, they aren't making money). In recent all hands, did they release info on how they are doing? I know a few months ago they were down 90%.
2018 Revenue ——————— Uber: $11.3 billion Lyft: $2.2 billion 2018 Loss ————— Uber: $1.85 billion (Adjusted EBITDA loss) Lyft: $911 million Total Cities ————— Uber: 700+ (globally) Lyft: 300+ (across U.S. and Canada) 2018 Booking revenue from ride-hailing service ——————————————————- Uber: $4...Read more
Disclaimer : I am a noogler. Joined from LYFT (Not a laid off employee) Is Google shrinking based on this publicly available data? Revenue growth is declining rapidly. This is super concerning to me.
Hi all, I am going to the final rounds for data scientist position at Rokt. From what I heard, Lyft is looking for someone who understands their product metrics as well as how they measure revenue. Would anyone be willing to have a quick chat with me about Lyft and the data science team overall? ...Read more
A quick primer for stock market noobs: Companies in similar industries fall within a range of valuation metrics. Since both Lyft and Uber have negative earnings, we can’t use P/E (price to earnings) as the benchmark. Both companies have revenue, however: Lyft $3B annual revenue $15B valuation (ma...Read more
Interested to learn approximate quarterly revenue Lyft is making, compared to Uber's $2b from $9.7b booking. My guess Lyft is doing 1.2-1.5M rides daily. With $10-$12 per ride, likely $15-$18M booking daily with $4.0-$4.5M revenue. Anyone from Lyft to shed some light (either here or DM) on these e...Read more
Lyft’s revenues double, losses quintuple—and prospects darken Source: https://amp.economist.com/business/2019/05/11/lyfts-revenues-double-losses-quintuple-and-prospects-darken
As Uber is not having much revenue now, due to Covid19 and burning lots of cash, are there any chances Uber might cancel their internship program to save some cash ? #Uber #Lyft
Lyft scored >3b revenue in 2021 but market cap is 13b now. Did instacart have higher revenue in 2021? Btw who gave 39b valuation at the first place? Wtf?
Lyft has not tried new areas like Uber has with Eats and Freight. Will Lyft be around in 2022, or will it just be a shell of company? Uber meanwhile is overvalued, but has significant market share globally and diversified revenue. #ridesharing #lyft #uber
I see a lot of comments about how Lyft is over-valued. I am writing to genuinely understand if it's really over-valued. Looking at Okta's financial for 2018, their revenue is around $260M and their operating loss is around $117M. That's around -43% of the revenue. Okta's valuation is around $9B Ly...Read more
DD doesn’t get it. Still pumping revenue and proudly bleeding money like it’s 2020. Atrocious earnings with increasing loss per share while trying to boost revenue. Other more sensible companies like Uber, Lyft, Stripe all trying to become more profitable while reducing costs even if it means takin...Read more
Hi Blind, hear me out. So now that Uber is down and Lyft is up, we all buy long Uber calls and Short lyft. All of us delete our Lyft apps and only ride Uber, we raise Ubers revenue for their next earnings and profit, and then switch strategies to profiting Lyft afterwards. Who's with me?!?!?!
Lyft, Uber, Airbnb, and many more. Did they let go of engineers purely based on business unit? What happened to the strong engineers on unnecessary and non revenue generating teams?
Valued at 4x Lyft. Lyft was doing >;4B run-rate per year of revenue in Q4 2019 and Q1 2020. That’s 2x DoorDash in the best of times. Currently DD is doing 2.5B run-rate. DoorDash will have trouble sustaining growth post-pandemic; could even go negative. The market for delivery is more competit
Trying to make list which have work related to cloud not necessary have their own cloud. Listing by tier , please add which companies I am missing. Also if tier seems to be incorrect please suggest correct tier Tier 1 Google Fb Amazon Netflix Uber Lyft Airbnb Tier 2 LinkedIn Salesforce Workday ...Read more
despite the meme, had more revenue in 2018 than Uber, Lyft, Netflix, Airbnb, Salesforce and Tesla ... combined. Oh yeah, and more profit than all those combined too. And this is a fourth tier grocery chain... kind of makes you think 🤔 How much impact do these tech cos *really* have?
I have sde2 offer from Amazon that puts me at 240k and sde2 from Twitter @220k. Amazon in seattle, twitter remote. I prefer Twitter but I'm worried about layoffs after experiencing them at Lyft. I know as revenue is down from there earnings but they seem to be ok financially? Thoughts? #twitter #am...Read more