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Money Rehab with Nicole Lapin
Why Investors Should Care About Earnings with Lyft Cofounder John Zimmer (Encore)
Feb 10, 2024
Lyft cofounder John Zimmer discusses the origins of Lyft and the company's experimentation with driver incentives. He also emphasizes the importance of setting investment goals and checking stock prices less frequently.
28:50
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Quick takeaways
- Lyft's success lies in its focus on profitability and cash preservation, shaping investor perception.
- Lyft offers a range of products and services, including shared rides, rental cars, and bikes, to address rider needs and increase demand.
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