Re:Bill Gurley Is Leaving Uber’s Board
by vertex-four on Thursday June 22, 2017 @05:14AM
(#14610992)
On the other hand, if they didn't spread themselves thin (and often into countries which don't actually need Uber), they likely wouldn't have received the amount of funding they have, and they'd be a more reasonably-sized competitor to Lyft.
Lyft has no choice but to subsidize itself into extinction. If Uber pulled back entirely into the US alone then Lyft would be truly doomed. Only by spreading themselves thin does Lyft have a fair fight.