3min chapter

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Good Time Show: What It Takes to Survive with Lyft Founder John Zimmer

a16z Live

CHAPTER

The Market Place Is in Balance

Eno CEO: "We didn't think a pandemic was coming our way would cut, at one point, rides down by 70 %" The company had raised five billion dollars privately after the odds were so stacked against us. Eno has made some really hard decisions about its team size and laid off 17% of its staff. It's already improved over the last not two months, i expect the next quarter to fully resolve.

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