Got an offer from Lyft (TC: 300k). I am considering the future of sharerides. Lyft is targeting on US/CA only, where inherently targeting market is smaller. Whereas Uber is expanding not only vertically to more countries but also horizontally to more businesses, where one of the highlight is delivery service. The competition of two company is still heat. Both are still deficit and bleeding cashes. Could anyone share thoughts about this competition? I extracted both company's finance status for reference from 2019Q2 earning release report: ---------------- LYFT VS UBER ---------------- NET LOSS 2019Q2: 673M VS 5.49B >> LYFT stock based compensation: 293M >> UBER stock based compensation: 3.94B REVENUE GROWTH YOY: 72% VS 14% >> LYFT: (505M->867M) >> UBER: (1.24B->1.68B) Current assets 2019Q2/2018Dec: 3.68B/2.3B VS 14.3B/8.6B Total Assets 2019Q2/2018Dec: 5.70B/3.76B VS 30.98B/23.99B >> Highlight of asset change: [Current asset +1.3B] VS [Cash+5B] Current TC 200k
Seems there’s usually room for two major players if the question is longevity. Maybe one tends to be more of a follower - in this case Lyft. What do you want out of new position? If it’s primarily compensation and everything else is roughly equal, then 300 sounds better than 200... A stability concern seems implied but without knowing where you’re currently at now, can’t gauge that.
🍿
Current level at msft
msft is a good place to be right now. why join sinking ships?
Ride-sharing won't be a thing in 10-15yrs but enjoy it if you can while it lasts
What’s your yoe and level at Lyft and Uber?
Uber and Lyft are not going anywhere. Lyft will give you smaller company vibe in terms of size and scope. More hectic and more diverse set of stuff happens at Uber, also a bit older. Go with the team choice and tech stack preference
Lyft to Uber will always be Firebox to Google Chrome