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Lyft (Ticker: LYFT) Not So Deep Dive

Chit Chat Stocks

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The $4.2 Billion Is Net of the Fees Paid to Drivers Already

The $4.2 billion is net of the fees paid to drivers already, so the 30% gross margins is partially low because it's been a huge insurance reserve buildup. The most recent quarter, I grew 14%. They had $188 million in net losses. And basically they're spending $180 million on stock based compensation.

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