Lyft IPO breakdown

#22

Yep, there is a crossover between the Tweet thread and @Ian’s blog post. But I think it’s worth noting Ian’s post is a positive take on simplifying your tech stack to your teams strengths which is definitely working for Freetrade :rocket: whilst the Twitter thread is perhaps critical on Lyfts ability to scale down their unit costs?

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#23

Good point although I actually shared a different post to our recent one by @Ian. This one was on serverless cloud specifically and written by @Mathias.

Re unit costs, although their server costs are big, that’s true of most data-intense online services, so I don’t think that’s the big question around unit costs. Obviously, it’d be way better if they could cut costs there but I reckon the economics of ride-sharing will be the harsher challenge than the economics of server provision.

Server costs would only be an inherent limiter if ride-sharing used an unsustainable amount of server power relative to other online businesses. Not sure this is the case.

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#24

I thought this an interesting analysis: Lyft - self-flagellation

“… Instead, Lyft thinks that it needs to win a suicidal race with Uber to go public when I continue to believe that it would be best served by staying private. There are three reasons for this view …”

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#25

UPDATE: Lyft sets price for IPO at $62 - $68

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Which IPO would you invest in? Airbnb, Uber, Lyft, Slack or Stripe
(Alex Sherwood) #26
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#27

It’s gone up again: to $72.

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#28

:eyes: nice debut

and in other news

:moneybag: :moneybag: :moneybag:

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(Alex Sherwood) #29
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(Jack Bailey) #30

Is LYFT likely to feature on Freetrade any time soon?

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(Alex Sherwood) #31

We should have an update to share with you about our plans for new stocks later in the week.

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#32

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(Jonny) #33

Any new stock this Friday @alex.s? Love what you guys are doing by the way :freetrade:

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(Alex Sherwood) #34

We’ll update you later in the week.

Thanks! :purple_heart:

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(Aris David) #35

Lyft getting cheaper! I wonder who unloaded shares. Morgan Stanley?

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#36

I’d be a little nervous myself if tesla can do anything right under uber and lyfts nose.

Im sure I read that tesla will soon be leasing their cars so that at the end of the lease, they can provide the main fleet of vehicles for a self driving section of tesla

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(Nick Slade) #37

I read this thread looking for the point it all went wrong for Lyft and the company broke down and announced it had failed… Took me far to long to relise what was meant by Breakdown :joy:

Goes back to bed

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