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by yeukhon 3145 days ago
Certainly a factor, but honestly, I really think this is about building up the business. Uber burns so much money through its quick expansion. You could be the first, one and only one entirely, and last standing, but what really matters is to be the last standing right? The way I see it is Uber has proven shared riding is a great business to build, so Lyft just let Uber paved the way (bring shared riding) and bring shared riding to the rest of the world, while Lyft builds up a competent team in the U.S, then take advantage of shared riding momentum.. In a way think of Lfyt taking a shared ride with Uber but the last to pick up.