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Uber/Lyft

Lyft Stock Drops as It Lags Behind Uber in Ride-Hailing Efficiency

Lyft shares fell more than 5% after the company reported fourth-quarter earnings and said its revenue growth is expected to slow dramatically this year. The news came days after rival Uber said its ride-hailing revenue had accelerated. Uber’s shares have risen to above $41, just a few dollars short of its IPO price.  Lyft’s $96 million cash burn in the fourth quarter was lower than the $173...

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The man some people call the “monk of Silicon Valley,” a “tech Buddha” and a “modern Yoda” really doesn’t want to talk about himself. 

Doing so, Naval Ravikant tells me, is a “low-value distraction” from his work, the subject of which is what prompted me to ask Ravikant for an interview in the first place. Although ostensibly an ...

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