IPO Race Between Lyft and Uber Is a Matter of Focus Versus Frenzy

The video compares Uber and Lyft's strategies as they prepare to go public. Uber is described as frenzied, with rapid global expansion and diverse ventures, while Lyft is more focused, primarily growing in the US. Lyft is expanding internationally and investing in technology like self-driving cars. Despite financial losses, Lyft's revenue has surged, and it plans to go public before Uber, aiming to attract investors with its growth and market share.

Discuss the significance of Lyft's valuation as it prepares to go public.

What are the implications of Lyft's increasing losses despite its growth?