Wednesday, August 31, 2016

Sorry, Uber. Social Data Validates The Lyft Growth Story And Valuation Demands

Over the past couple of weeks, we've seen a lot of media coverage of Uber and Lyft – more than usual.  Uber announced it is rolling out self-driving cars in Pittsburgh, and we learned that the State of Massachusetts is imposing a “taxi-tax”, giving the revenue to cab companies on the defensive.   Lyft decided to shop itself around, but apparently had trouble finding a buyer for the company at the price they wanted.

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