Uber Says Lyft Isn't Worth More Than $2 Billion: Sources

Uber Says Lyft Isn't Worth More Than $2 Billion: Sources

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Business

University

Hard

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The transcript discusses Uber's stance on acquiring Lyft, highlighting that Uber executives believe Lyft is worth about $2 billion. However, Uber's CEO, Travis Kalanick, is hesitant to pursue the acquisition due to potential regulatory scrutiny from the Federal Trade Commission. Lyft responded by accusing Uber of mudslinging. The transcript also explores the ongoing speculation about Lyft's value among investors, with Lyft reportedly seeking a $9 billion valuation. The discussion reflects the strategic considerations and market positioning of both companies.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the estimated worth of Lyft according to some Uber executives?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What reasons did Uber CEO Travis Kalanick give for not wanting to buy Lyft?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Lyft respond to the speculation about its worth?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors might influence Uber's executives' views on Lyft's valuation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the price Lyft was reportedly looking for compared to the $2 billion mentioned by Uber executives?

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