Lyft Inc. Is it success story or flop business?

Lyft’s IPO attracted a lot of attention to ride-sharing market. Let’s take a look on company’s business model, financial details and possible risks. Company established in 2012 with a clear mission :”Improve people’s lives with world’s best transportation”. Lyft fast growth in multimodal transportation network resulted in debt accumulation. The company operates in the United […]

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Uber business model and IPO

Uber recently became public company, which led to questions on their business model, huge debts etc. I’ve decided to read report filed with United States Securities and Exchange Commission (Form S-1,Registration Statement). That’s long report with same information repeated over and over again. Here’s key takeaways. Uber is technological company with on-demand service. Everything started […]