Lyft losing as much as $50M a month, president confirms

Re:Lyft losing as much as $50M a month, president confirms by pjmorris on Wednesday July 13, 2016 @08:21AM (#12085539)

And, even once we get to self-driving cars, it changes the ride-sharing service's economics greatly... those self-driving cars aren't going to buy themselves.

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Re:Lyft losing as much as $50M a month, president confirms by zanny on Wednesday July 13, 2016 @09:35AM (#12085987)

Uber can hedge its insane market cap to buy a fleet, and then make effectively free money from that point forward selling rides.

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