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by unpopularidea 3358 days ago
Yup. I wouldn't be surprised if all these people being especially critical are vocally supportive of Lyft, despite the fact that leaked financials show that Lyft is losing money more than twice as fast as Uber.

If investor money stopped flowing tomorrow and all companies were forced to be cash flow positive to remain solvent, we'll quickly see which emperors have no clothes. These unit economics will continue for every player in this market as long as investors feel it is worth fighting for. Those with better margins will survive and will suffer the least amount of dilution in the process.

When the dust settles Uber is going to be the only company that ever ends up making any money in this market.