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A comment on Lyft Files S-1. Parent comment
Market share means drivers stay busy and make money. Market share means riders don't have to wait a long time.
Uber gave massive discounts for a long time to establish their market share, and it suited their long-term vision just fine.
Same strategy seems to be working well for Lyft, too.
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Market share means drivers stay busy and make money. Market share means riders don't have to wait a long time.
Uber gave massive discounts for a long time to establish their market share, and it suited their long-term vision just fine.
Same strategy seems to be working well for Lyft, too.