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by sagarkamat 1149 days ago
Lyft actually did try and create many different revenue streams. Besides ridesharing, they own the bikeshares and scooters in pretty much every major city in US, got into their own car rental business and tried to become a one stop shop for transit. It's not that they didn't try, its that they didn't seem to have taken any of them to be profitable revenue streams.

Also, wouldn't the very high salaries paid to a lot of engineers contribute it Lyft having unsustainable economics?