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Re:Lyft Announces Q1 Earnings by adamson on Tuesday May 07, 2019 @07:10PM (#19854301)
It grew by 10x, but I doubt Lyft's infrastructure or day-to-day engineering costs have grown anywhere near that much. That said, I have no idea what Lyft could spend $600MM on researching.
Re:Lyft Announces Q1 Earnings by sct202 on Tuesday May 07, 2019 @07:19PM (#19854366)
It includes $500m in stock based compensation this quarter under R&D. IDK if this is a one time thing or what though.
Re:Lyft Announces Q1 Earnings by nwah1 on Tuesday May 07, 2019 @07:15PM (#19854331)
Self-driving cars would be the only thing that makes sense, but it is a longshot and spending 80% of your revenue on that seems nuts.
Re:Lyft Announces Q1 Earnings by ramses0 on Tuesday May 07, 2019 @07:15PM (#19854332)
$600MM/yr @ $200k/yr == ~3000 engineers?
Re:Lyft Announces Q1 Earnings by jackmodern on Tuesday May 07, 2019 @08:31PM (#19854781)
Lyft has 2000 people in their tech org (maybe 1500 engineers)

and the lowest paid engineers at Lyft are probably ~300 total comp.