Uber Founder Travis Kalanick Resigns as C.E.O.

Re:Uber Founder Travis Kalanick Resigns as C.E.O. by dagw on Wednesday June 21, 2017 @03:21PM (#14607050)

By culture I meant how they think internally about growth vs profitability. Uber under Kalanick feels like they wanted to dominate every market or die trying and Kalanick didn't strike me as the sort of person who would be happy running fairly successful company making modest profits. Lyft however seems like they'd be content with being number 2 as long as they're profitable. This is of course pure conjecture on my part.

Has Lyft said it is profitable anywhere or even break even?

The CEO said in a recent Forbes interview that their losses are currently coming in "under budget" and that they have a definite path to profitability. Make of that what you will.

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Re:Uber Founder Travis Kalanick Resigns as C.E.O. by skinnymuch on Wednesday June 21, 2017 @04:42PM (#14607738)

I've seen Lyft saying those sorts of things for some time now when I skimmed around while replying to you. It seems like Lyft has been saying this sort of thing since around 2015/2016. For now I don't believe them. But I'll take that back if they do show what the CEO said when financial info is revealed for this year.

And yeah agree with Kalanick and Uber by extension seem to be only content with winning everything. They only gave up on China after spending a ton of money and clearly not being able to win. Luckily they were able to get a decent stake in Didi from the merger and leaving China.

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