Re:Lyft prices IPO at top of range
by MagnumOpus on Friday March 29, 2019 @10:17AM
(#19521867)
> Any competitor wanting to get its foot in the door would only need to pay Google enough money
Or indeed Google develops a competitor themselves if Uber and Lyft gain 9-digit valuations. It could do that in less than a year and for a few hundred millions at most. Taking a page out of Apple's book of vertical integration and squashing popular services with in-house offerings.
Or indeed Google develops a competitor themselves if Uber and Lyft gain 9-digit valuations. It could do that in less than a year and for a few hundred millions at most. Taking a page out of Apple's book of vertical integration and squashing popular services with in-house offerings.