Tech IndustryDec 10, 2016
UberDealer

Lyft total comp

If you get X at Uber what can you expect at Lyft - total comp - give me some % - like -10% or +10% etc

Lyft rmvS81 Dec 10, 2016

What's your level / role?

Uber Dealer OP Dec 10, 2016

Eng manager- equivalent to sr software engineer 2 at uber

Uber G-Unit69 Dec 10, 2016

Please accept

Uber Dealer OP Dec 10, 2016

Accept what ?

Uber Performer Dec 10, 2016

Lyft is much saner place to work. People respect eachother, collaboration what matters, not backstabbing. I would have consider them if they could offer a large sing on bonus to pay my options and tax here. G-unit, when will Tk announce share buyback plan? Or RSU conversion? Why doesn't he want to release us? To be honest, I don't want to work here any single more day, just let me go! Cut my golden cuffs. Is it because nobody will stay behind? Isn't TK tired to beasked this question every other week? He is dodging it by throwing it out to fence to finance. It's been a year. This is painful. Simple solution would be just extend the expiry for 7 years! Since you are someone close to Thuan, why don't you schedule 1:1 Thuan and tell him, you have a brilliant problem to solve blind problem! You win, I win, Thuan win!

Uber G-Unit69 Dec 10, 2016

I'm not close to Thuan however I see him every day in front of me. If I got a question I just go and ask like a man. Stop being such a spoiled pussy and quit. Engs like you are what makes uber bad. Come to work salty every day and ruin the vibe of the happy engineers that are actually trying to get shit done. There are millions of people on this planet who would kill to walk in your shoes assuming you are a paper millionaire by now. Either stfu and code or quit. I'm so tired of hearing your whinny ass moan and groan every day on here.

Uber Dealer OP Dec 10, 2016

Gunitxxx If you are tired just uninstall blind - quit telling what people should do here - you are not a fucking uber manager - go and drool over your millions

Uber Fuckboy Dec 11, 2016

Huge fuck up if u go to lyft lol. Lyft is bleeding hard. Why in the god good will would you even consider that.

Uber Cryer Dec 11, 2016

Same logic - uber is bleeding internationally

Uber Fuckboy Dec 11, 2016

Nah man Uber is doing the best out of all ondemand/ridesharing companies. Lyft will get killed eventually. Matter of time.

Lyft rmvS81 Dec 11, 2016

@Fuckboy - Uber/Lyft raised billions to spend it. The fact that we're spending it isn't a bad thing. the problem with your argument is this has been the same thing said for the past 4 years. Here are the facts so far: In 2012/13 Lyft was around 6% market share now it's up to 25-30% and on track for 31-36% next year. Company is nearing break even due to a lot of the great work being done internally and ride growth is actually growing faster. From an investor standpoint that's a great story. Attractive P/S ratio, near breakeven, and gaining share in the highest revenue market in the world. Uber's price to sales is at least 2x higher so Lyft could easily justify $11B if they really needed to raise. Uber needs to be profitable in the U.S to justify international losses which is going to be hard to do next year as the company tries to cut costs in the U.S. and tries to be market ready by 2018. It's going to be really tough for Uber to IPO at the desired price of $100B so there's a much greater risk of a flat IPO which is going to be terrible for the common stock holders (employees). It's really shitty that Uber has screwed their employees be over raising instead of keeping the valuation lower.

AppDynamics shimmy Dec 11, 2016

can you define market when you say Lyft occupies 25% market share? I kind of agree that Lyft should be in a good position in the long run because of much less $$$ spend in (1) legal expenses since Lyft is not the first mover (2) r&d since Lyft is not involved in building self driving cars and is waiting for car companies to do it. Lyft has been forced to keep costs in place since they didn't have every Tom dick Harry throwing money at them.

Lyft rmvS81 Dec 11, 2016

U.S. Completed weekly ride volume. Excludes taxis and Canada/Mexico.