When will Lyft and Uber be a good investment?

Nov 26, 2021 11 Comments

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TOP 11 Comments
  • Amazon
    🍌 to ⚑️

    Go to company page Amazon

    🍌 to ⚑️
    right now. uber/lyft is going through the toughest possible environment... and they're doing pretty well given the situation. Pandemic is the worst possible scenario for ride-share. And then they got hit by unprecedented labor/supply chain shortage. Both car and gas prices are inflated at the moment.
    It's a miracle they're still in business. Now imagine their potential once all of these temporary storms pass?
    Nov 27, 2021 1
    • New
      Fhrsbh

      New

      Fhrsbh
      They were unprofitable before these things though. Their continued presence says something about their longevity or hardiness, but not about profitability IMO.
      Nov 27, 2021
  • Amazon
    ratioURA

    Go to company page Amazon

    ratioURA
    when they start making profits that are sustainable
    Nov 26, 2021 0
  • Cisco
    ex-consult

    Go to company page Cisco

    ex-consult
    By the time they get going, autonomous cars will be around to steal their lunch. They’ll need to pivot, diversify, etc to provide sustainable stock appreciation
    Nov 26, 2021 5
    • New
      πŸ€– Cop

      New

      πŸ€– Cop
      Uber owns 45% of Aurora’s class A stock after selling Uber ATG to them and investing $400M.
      Nov 26, 2021
    • Cisco
      ex-consult

      Go to company page Cisco

      ex-consult
      Once autonomous cars come around, it’ll be easier for new entrants to come in given that you don’t have to figure out one side of the leg ie drivers. Companies can just retrofit their existing car fleet with Waymo’s self driving technology
      Nov 27, 2021
  • PayPal / Eng
    ajdwm

    Go to company page PayPal Eng

    ajdwm
    Space tourism ride share πŸš€
    Nov 28, 2021 0
  • I wonder why ppl on uber or Lyft didn't coment at all
    Nov 27, 2021 0