[Plano_techie]

It looks like the survival rate of UBER/LYFT is dropping faster than their pay per mile to their drivers... Its very unlikely that they will come out of this recession. About 30 percent drop in equity prices today, venture capitalists will have their choice of much profitable businesses to support after the Wall Street reaches the bottom.

Uber/Lyft’s model is flawed, especially at times like these, there is simply no need for rideshare for the next couple of months.

 

[NauticalWheeler]

I think Lyft especially is ill-suited to survive this.

 

[nighthawk398]

It looks like the survival rate of UBER/LYFT is dropping faster than their pay per mile to their drivers... Its very unlikely that they will come out of this recession. About 30 percent drop in equity prices today, venture capitalists will have their choice of much profitable businesses to support after the Wall Street reaches the bottom.

Uber/Lyft's model is flawed, especially at times like these, there is simply no need for rideshare for the next couple of months.

hence the delivery drivers you just have to find other revenue streams

 

[Funky Monkey]

How could I have forgotten to check their prices? Yeah, Lyft w/0 Lyft Eats. Haven't heard of anyone killing it w/ Eats lately but hopefully that will change. However, I've always heard analysts describe Lyft as having stronger financials. Just a matter of how long their investors are willing to pump money into them. Or is this the straw that broke the camel's back?

https://www.fool.com/investing/2020/03/05/heres-why-uber-stock-is-a-buy-and-hold-for-the-lon.aspx