Re:Lyft Loses $600M in 2016 as Revenue Rises to $700M
by CalRobert on Sunday January 15, 2017 @05:47AM
(#13403434)
It's long forgotten, but literal ride sharing is how Lyft got started. They were called Zimride at the time, and it connected people genuinely going places (a bit like craigslist ride shares) who wanted others to chip in towards expenses.
Lyft was released as an app to make finding a ride on Zimride easier, and quickly eclipsed Zimride.
Literal ride sharing like UberPool is the only actual cost advantage of apps over taxis, and if you picked the right vehicles for that you'd have a kind of bus/jitney system. Sounds good to me.