Better Chance of a Person Landing on Mars Than Lyft Turning a Profit, Analyst Ives Says

Better Chance of a Person Landing on Mars Than Lyft Turning a Profit, Analyst Ives Says

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Business

University

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The transcript discusses Lyft's stock performance, highlighting a significant drop from its initial high. The market's lack of enthusiasm and concerns about profitability are key issues. The discussion includes the company's valuation, investor concerns, and the role of autonomous vehicles in achieving profitability. Founders' statements on profitability and self-driving cars are also examined, revealing contradictions and uncertainties about the company's future financial success.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do the founders of Lyft contradict themselves regarding profitability and self-driving cars?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do investors face in valuing Lyft based on its revenue?

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