Wow. Leave it to a startup to go into the red whilst providing 1) an app and 2) ... | Hacker News

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		revelation on April 30, 2015 \| parent \| context \| favorite \| on: Leaked Lyft Document Reveals a Costly Battle with ... Wow. Leave it to a startup to go into the red whilst providing 1) an app and 2) fluff mustaches and .. well not much more, really.

simonw on April 30, 2015 [–]

They're in a flat out race to gain market share with Uber. If they were profitable (rather than reinvesting revenue in further growth) their investors would rightfully be furious.

revelation on May 1, 2015 | [–]

They are a middleman. Where exactly is the finish line of this particular race? Because it sounds very much like an antitrust lawsuit.

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