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.
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