As with running away from the bear, they just need to outrun the other guy.
How long does Lyft have? When can Uber raise its prices to become EBITDA positive?
How long does Lyft have? When can Uber raise its prices to become EBITDA positive?
Easier to impress when you start from a smaller amount and don't have a bunch of pet projects to shed.
People are obsessed with this rideshare/gig economy winner take all idea almost like they have to believe it... actually that explains a lot.