[rtpg]

I don't remember the details, but I think Uber showed a similar revenue/loss ratio...

There was HN discussion about it and the main thing people were saying is there's an opportunity cost in not spending the money (mainly in expansion).

I kind of feel like Uber is in a bit of a "monopoly or bust" position though, using similar 4X techniques to our former favorite tech boogieman (subsidizing driver rates then removing subsidies once growth stops...).

Not quite sure what Lyft is using its money for, though. My impression is there strategy is to not be jerks and focus on US only for now. Guess this is a "good guys lose" situation...