Re:Lyft prices IPO at top of range
by jliptzin on Thursday March 28, 2019 @10:50PM
(#19518746)
Unless I’m mistaken Lyft came after Uber right? They built a good product but nothing unique other than being “not-Uber.” In that sense you can think of Green and Zimmer as being hired by their investors to produce an alternate Uber. They executed very well against their task and everyone got a nice payday for it.
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As far as I can recall, Uber used to be a service where you could rent professional drivers to drive you around with big black SUVs, and Lyft started ride-sharing, which Uber shortly followed with Uber X.