[gypsypunk]

>What does a profitable Lyft/Uber look like.

I imagine it looks like what the traditional cab companies have been doing forever in every city for the last whatever many years.

I am spitballing here, but here is my vision. Please feel free to correct anything deemed infeasible. Decentralize the platform and open Lyft hubs in every major city as their own business unit. Use the same model of contract drivers/use of their vehicle. Pay them better wages which is now possible through greatly reduced operational costs to increase driver loyalty and keep them on the road. I just don’t think this business model works at this scale. There are two major players with an insane amount of capital who both are failing every single metric of a going concern.

[icebraining]

> greatly reduced operational costs

How would this work?

[acct1771]

Much easier for management at that level to know they need to, for example, reduce staff from 15 to 12 or 10 than it is to know they need to reduce 1500 people to 1200.