The zero interest rate policy resulted in too much funding and the subsidizing of Lyft, DoorDash, Postmates, and Uber. They zerped it up and then the tide goes out and now you gotta make a profit. The market wants to see the bottom line and they wanna see profits,. Even though Uber is starting to show free cash flow of profits, yada yada. And yesterday, Lyft CEO Logan Green and President John Zimmer announced they would each be stepping down.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode