lyft

A bumpy ride to profitability: Uber lays off 350 staff in latest cuts

Uber Technologies Inc. has laid off about 350 employees as part of its ongoing effort to curb its losses, which reached a record $5.2 billion last quarter. The cuts, announced Monday, represent the third and final round of staff reductions made under a restructuring initiative the company launched earlier this year. Uber previously laid off […]

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How to Build a $1 Billion Business: 12 Secrets From the World’s Most Successful Startups

By Emily Bauer Every startup founder dreams of becoming the next unicorn. But what separates the dreamers from the achievers? What does it really take to reach a $1 billion valuation? Unfortunately, there’s no shortcut or magic formula for creating a $1 billion startup pipeline. There are, however, unicorn founders you can look to for

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10 SaaS Business Lessons from $1B+ Unicorns (like Slack, Twilio, Lyft)

You don’t have to be a SaaS business or a technology startup to benefit from the wisdom of the world’s largest companies. The 10 lessons I’ll share here will help you learn from the examples they’ve set in order to grow your company – no matter what size it is, what industry you’re in or

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After 30,000 Driverless Lyft Rides Consumers Rate it Almost Perfect

After 30,000 real-world driverless Lyft test rides in Las Vegas consumers have rated it an amazing 4.95 Out of 5, says Lyft’s Chief Strategy Officer Raj Kapoor. He says that in the last 12 months the system’s gotten smarter and the ride has gotten smoother. “It has measured reactions and acts like a really good

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The Best Companies Have Very Bright Futures

The best companies have very bright futures says tech investor Geoff Lewis. He says that the way he always thinks about private company valuations is as a discount on the future versus a premium on the past. Lewis says that the future is bright for Lyft because only half a percent of the rides in

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