News for hackers. Stuff that matters.

A comment on Lyft Files S-1. Parent comment

Re:Lyft Files S-1 by jjeaff on Friday March 01, 2019 @01:42PM (#19283955)
That fully depends on what the losses are. I haven't read their financials, but if the losses are from expansion and other investment but their unit profitability is good, then it's not a problem. They can always pull back on investing in growth just to reap profits.
[ Parent | on HN ]
Re:Lyft Files S-1 by misun78 on Friday March 01, 2019 @02:17PM (#19284312)
But this is where their one-trick pony hurts them. Where will growth come from if they stop growing in the one market they're currently in?
[ Parent | on HN ]