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A comment on Lyft prices IPO at top of range. Parent comment

Re:Lyft prices IPO at top of range by beager on Friday March 29, 2019 @09:12AM (#19521297)
They have been famous for pushing growth over turning a profit. Thy could have scaled back their growth and probably shown profits much earlier.
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Re:Lyft prices IPO at top of range by astura on Friday March 29, 2019 @11:16AM (#19522389)
We have absolutely no idea what would have happened to Amazon if they prioritized profit over growth in the early years. There's no guarantee they'd be a successful company now in that alternative future. Undercutting the competition on prices to increase sales volume in the early years was key to their success.
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Re:Lyft prices IPO at top of range by beager on Friday March 29, 2019 @05:33PM (#19525865)
100%. Wittingly or unwittingly, it was the right call for them, and pulled a ton of air out of the room for competitors.
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