I think Lyft stock cannot be even lower at this point and this is probably a good time to invest some money in Lyft. I know people are saying this company is died, but people also said meta is died last year and snap is died several years ago before it x8. Regardless, personally I don’t think Lyft will die and it will bounce back. My Lyft friends, wdyt? #personalfinance #investments #lyft #uber ##investments
Meta wasn’t delaying paying vendors to delay bankruptcy.
Meta is generating billions of cash every quarter. Lyft is losing. How can you compare the two?
That’s what I said to BBB
Stay away. Buy at $0.85 later.
We generate 4.5B revenue every year with no slowing. Cost was our problem and we cut our cost by 700m/year in last 6 months. Everyone at company now believe we are going to 🚀 You do your due diligence. It’s your money
Thanks for the info! 700m/year less cost seems really promising of a stock price increasing. Curious how does Lyft cut cost by 700m/year. Is it just because of the RIFs?
It’s already done. - Marketplace and hosting efficiency - Upgraded incentives program - Cutting down unprofitable initiatives - 60% of US employees laid off including execs
Tech Industry
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How’s capitalism going?
Tech Industry
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Job market recovering!
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I have worked at TikTok US core tech for 3 years. AMA.
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Uh oh: President Trump leads Biden 49% to 43% in a two-way race.
You might need a go fund me page somewhere down the line. Good luck!
😂