HyperChange
HyperChange
hyperchange
Will Lyft Survive As A Standalone Company?
13 minutes Posted Feb 25, 2020 at 10:05 am.
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Lyft shares are down ~37% from their IPO, as losses keep mounting and competitive pressure increases. Revenue growth has slowed dramatically from 100%+ a year ago, to 54% in Q4, to guidance for just 28% in 2020. Will the company survive and be able to fend off Uber? Or is Lyft a sweet acquisition candidate for Google/Waymo ... or even Amazon?