AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
The Lyft IPO
Acquired
The Biggest Net Loss for a Company Entering the Public Markets for the First Time
This is the largest ever net loss for a company entering the public markets for the first time full stop. This was one of the things that stood out to me reading the S1. I don't care as much about net income losses because that's how tech companies work. The scary thing about Lyft is that when you do the math and add up all their variable costs relative to their net revenue, they are losing money on a variable basis too.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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