Big IPOs attract attention as investments and also for what they mean in the economy at large. Lyft isn't the biggest IPO expected, but as a preview to Uber and as a company in its own right, it raises a lot of questions. We discuss whether there's a value to the company and a moat that will give it a competitive edge over the years to come.
Topics covered:
2:00 minute mark - The profit outlook for Lyft 6:30 - Does sales & marketing build long-term returns, and a Spanish case study of the regulatory issues for ridehailing companies 12:45 - The market growth potential for Lyft and peers 17:30 - What is core usage of Lyft, and what is Lyft's customer stickiness? 22:30 - Lyft vs. Uber 27:00 - The new boss same as the old boss for getting a ride? 36:00 - Corporate trust and our changing cultural norms 39:15 - Lyft's ultimate business model and whether it is a tech company 44:30 - The right comp for Lyft... 54:00 - What to watch in the months/years ahead