I wonder if the overlap of drivers that do both Lyft and Uber would somehow make Lyft worth less to Uber than it would be worth to a different buyer.
I'd heard, anecdotally, that many (most?) Lyft drivers also drive for Uber.
I'd heard, anecdotally, that many (most?) Lyft drivers also drive for Uber.
I always make a point of asking the driver if they work for both and my informal polling has been overwhelmingly "yes" on the question of "do you work for both?"
That's also why they'd have to pay a large premium over the current $7.5B valuation, such as the $10B suggested by parent.
I'm unaware of any transportation companies that could really afford to purchase Lyft.
I've been on rides before where, a few blocks from my destination, the driver will open up the opposite app to start polling for a new rider before even dropping me off.