Don't Read This If You're Bullish About Lyft


Don't Read This If You're Bullish About LyftThere were two obscure data points about Lyft that I found discouraging about the financial viability of that company, and potentially the entire industry. People don't pay much to rent a scooter for a mile or two, but remember the important difference compared to a car: There's no driver in the equation when Lyft rents a scooter or bike, so the company keeps almost 100 percent of the fare.



Tags: Science, Don

Source:  https://finance.yahoo.com/news/don-apos-t-read-apos-142747258.html