Not surprised. Lyft really failed to keep up over the past couple years and just year-to-date their stock price is down almost 70%. A lot of talk about companies laying off just to lay off, but if one company really needed it, it's Lyft.
I think there has been a lack of innovation and growth. WS can accept losses so long as there is potential (e.g. food delivery)
Yep. For all its flaws Uber has been really trying to invest in the right areas and is frankly much more promising long-term. Lyft was always just 2nd fiddle to Uber for ridesharing.