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by confiscate 2641 days ago
Yes, either case is possible. Lyft could become Pets.com or Amazon.

You can argue that Lyft will become Pets.com, due to other reasons, such as growth potential etc. That would make sense.

BUT, the argument in your graphic, that a company is overvalued simply because its valuation is higher than traditional well-known brands, that ARGUMENT is flawed.

Lyft's valuation is totally independent of Ford's valuation. These are separate companies with separate paths. Amazon's valuation was not tied to Sears--the 60-minutes journalist made the mistake of connecting the 2 together. The argument behind your graphic is wrong.

1 comments

The graphic isn't making an argument, it's stating a fact. If you think Uber's valuation is sensible, I don't think this graphic could sway you.
No the graphic was posted to make an argument. That was the purpose of why that graphic was posted:

"I found this simple graphic a great distillation of why Lyft and Uber may be considered overvalued"

That's true. I think my point still stands (OP interpreted the graphic one way, you interpreted it another way), but I'm splitting hairs.